Johor tables deficit budget for 2021

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The Johor government today tabled a deficit budget of RM284.14 million for 2021 after 10 consecutive years of surplus.Menteri Besar Hasni Mohammad said the state’s estimated revenue would be RM1.609 billion against a projected expenditure of RM1.857 billion next year.“The state government is expected to spend RM850 million through the Consolidated Development Fund to implement the 12 Key Agenda of Budget 2021."Yes, this budget is a deficit budget. In the current economic situation, we have to spend more than usual, derived from existing sources and being more focus," he said when presenting the state’s Budget 2021 themed "Resilient the Path to Prosperity" at the third meeting of the 14th Johor state assembly today.The budget was the first tabled by Hasni under the Perikatan Nasional government since taking over the administration from Pakatan Harapan on Feb…