The Johor state government has tabled the Johor Budget 2025 with a surplus of RM5.12 million at the Johor State Legislative Assembly sitting.
The “Maju Johor, Rakyat Sejahtera” themed budget is the third straight surplus budget that Johor Menteri Besar Datuk Onn Hafiz Ghazi has presented.
The tabling was broadcast live on Onn Hafiz’s Facebook page beginning at 9.30 am, during which he stated that the state government expected revenue of RM2.005 billion next year and expenditure of RM1.999 billion.
“The expenditure estimate includes RM1.271 billion for operational expenses and RM728 million for development expenses.”
“The Johor Budget 2025 was prepared with the concept that all planning and implementation benefit Bangsa Johor,” he stated when presenting the budget in Kota Iskandar, Iskandar Puteri, Johor.
Onn Hafiz said the budget will focus on six thrusts of the Maju Johor agenda, with 244 initiatives.
He stated that as a consequence of coordination across multiple state and federal government organisations, Johor has recorded revenue receipts of more than RM2 billion this year – the largest in history.
“Thank you to Prime Minister Datuk Seri Anwar Ibrahim and the Federal Government for announcing the allocation of RM4.8 billion for the development expenditure of the Fifth Rolling Plan (2025) under the 12th Malaysia Plan for Johor, which includes 143 new projects and 433 extension projects,” he said.
According to Onn Hafiz, Johor’s economy continues to do well, growing by 4.1% in 2023, outpacing the national growth rate of 3.6%, with a GDP value of RM148.2 billion in 2023 compared to RM142.4 billion in 2022.
“This encouraging performance is also marked by a 16% gain in imports to RM290 billion compared to last year, as well as an increase in total imports and exports of RM561.6 billion, making Johor the second largest contributor to national trade.
“In addition, the construction sector continues to post encouraging growth with a value of RM17.1 billion compared to RM10.8 billion in the same period last year, with the unemployment rate remaining at a low rate of 2.3 per cent in the third quarter of this year,” he said.
He added that within two years, Johor had attracted RM113.7 billion in investments, resulting in more than 35,000 new job opportunities, while the Forest City Special Financial Zone (SFZ) and Johor-Singapore Special Economic Zone (JS-SEZ) initiatives are expected to generate over 100,000 jobs.