To a question by Sekinchan state assemblyman Ng Swee Lim, Menteri Besar Abdul Khalid Ibrahim (left) said that the state's cash reserve stood at RM918 million at the end of 2010, RM1,100 million at June 30, 2001.
“The investment has increased by RM557 million as at June 30, 2011 compared to RM668 million at December 31, 2010. With the two sources combined it will be RM1,760 million compared to RM1,580 million for the same period in 2010.
"In six months, the state government has managed to increase the state revenue by RM200 million and this is the best financial record over the last 28 years,” he said.
Khalid stressed that the state not only achieved revenue increase but also good financial management which has been Pakatan Rakyat's battlecry before it wrested the state from Barisan Nasional in March 2008.
He said the state Micro Credit programme had distributed RM50 million to the people with sources generated from debt collection and the amount could be grouped under the Menteri Besar Consolidated Account.
Khalid thanked the state civil service for efficient management of the state revenue, including digitally documenting details of debtors.
“The state government does not give up ‘brooms’ to those who fail to perform, instead the Pakatan Rakyat state government gives gift in the form of technology to its officers," added Khalid, referring to his predecessor Mohammad Khir Toyo whose public handing out of brooms as symbol of failure of municipal council officers in collecting debts had invited condemnation from the civil servants.
Khalid said the state government had now digitalised its filing system.
"Almost 2 million records have been digitized and the cost came from the debt collection,” he said.
seals: We will never see this in the main stream media ......