Johor MB presents deficit budget to weather Covid-19 storm

Published on 26 Nov 2020 10:10:53 PM

The gloomy world economy and the challenges posed by the Covid-19 pandemic have caused the Johor state government to dig more into its coffers to present a deficit budget to help steer the state out of the present situation.

Johor Mentri Besar Datuk Hasni Mohammad expressed confidence that the state would be able to weather the present unprecedented circumstances and bounce back with an economic growth of between 6.6% and 7.6% in 2021.

In his maiden budget speech, he said that the state would face a deficit budget of RM248.14mil in 2021.