Despite global uncertainties, Perak economy grew 5.7% in 2016: Sultan


IPOH: Perak continues to enjoy strong economic growth as a result of the state government's solid performance.

The state recorded 5.7 per cent GDP growth in 2016, and a budget surplus for the seventh year in a row, Sultan of Perak Sultan Nazrin Muizzuddin Shah said today.

He said the state recorded revenue of RM1.01 billion and development receipts of RM1.03 billion last year, despite uncertainties in the global economy contributed by various factors, including Brexit and the United States’ presidential election.

"My state has been recognised as one of the best in financial administration. A total of 11 government agencies and departments here were rated ‘five-star’ for the (public sector) Financial Management Accountability Index in Aug 2016," said the ruler in his address to open the fifth session of the 13th State Assembly today.

Sultan Nazrin called on government staff to uphold the administration's good name and reject any form of corruption, and be firm in fighting abuse of power that could lead to leakages of state revenue.

In his address, the Sultan also stressed on the importance of a good public transport system that could contribute to socio-economic development, increase in investments and employment, as well as improving productivity and the standard of living.

He said railway services like the Electric Train Services (ETS) are integrated with other land public transport networks like the Stage Bus Services Transformation (SBST), known as MyBAS, to improve operators’ performance and reach (routes).

He also called on the people to protect and preserve nature, citing tourist hotspot Pulau Sembilan, which had to be temporarily closed due to negligence by operators who did not abide by rules set by the authorities.