The state government has presented the second deficit budget for 2022, totalling RM286.47 million.
The state of Johor is expected to generate RM1.671 billion in income and spend RM1.958 billion next year, according to Johor Menteri Besar Datuk Ir. Haji Hasni Mohammad.
“The Johor Budget 2022 theme was intended to reflect the state government’s desire to protect the survival of those affected by the pandemic.”
“As a result, this budget is quite significant in my opinion since it reflects the state government’s efforts to offer a new injection and leap toward sustainable and robust economic and social progress.”
“All considerations and Johor’s 2022 Budget will be guided by two main principles, firstly, addressing and alleviating the burden of the people affected by COVID-19 and secondly, intensifying initial efforts in rehabilitating economic sectors as a whole,” he said when presenting the budget at the fourth session of the 14th Johor State Legislative Assembly in Kota Iskandar.
Themed “Strengthening the Prosperity of Johor”, the state government has proposed to allocate RM1.087 billion for operating expenditure and RM870 million for development expenditure, which will be used to implement the four impetus and 12 main agendas in the budget.
“However, our revenue and deficit estimates are subject to a high level of uncertainty influenced by several factors such as the emergence of high COVID-19 variants, high social impact and the reopening of international borders,” he said.
On the performance of Johor’s Budget 2021, he remarked that until the third quarter of 2021, 141 initiatives worth RM850 million had achieved 85.1% implementation.
Hasni said after Johor experienced a contraction of 4.6% in 2020, the state economy is projected to grow around 3.5% to 4.1% this year and is expected to continue to experience pre-crisis growth in the next half year.