PETALING JAYA: Sarawak is capable of catching up with other Peninsular Malaysia states over the next five years if it continues to manage its resources prudently and maintains an annual budget of RM15 billion, says deputy premier Dr Sim Kui Hian.
He stated that a RM75 billion budget over the next five years would give the state a strong platform to improve key sectors, such as infrastructure, education and healthcare, reported The Borneo Post.
Sim noted that limited funding and a reliance on borrowing meant Sarawak previously struggled to match development levels enjoyed by Peninsular Malaysia states.