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Pahang has collected RM921.72 million in state revenue as of late August, representing 72 per cent progress towards its annual target of RM1.279 billion. Menteri Besar Wan Rosdy cited robust economic growth and rising investments as signs of financial stability.
Prime Minister Anwar Ibrahim disclosed that the government commits RM980 million annually to offset accumulated losses at the Federal Land Development Authority stemming from earlier governance, revealing significant fiscal pressures on state finances.
The Retirement Fund Incorporated's RM12.9 billion in investment earnings are insufficient to meet Malaysia's nearly RM45 billion annual pension commitments, according to Prime Minister Anwar Ibrahim, highlighting fiscal pressures on public pension finances.
Parliament has passed new legislation to tighten controls on the Kumpulan Wang Amanah Negara, requiring parliamentary approval for all future withdrawals after a controversial RM5 billion drawdown exposed regulatory weaknesses in 2021.