SARAWAK once again received a Clean Certificate for its Public Accounts for the financial year 2023.
Deputy Premier Datuk Amar Douglas Uggah Embas said that this marks the 22nd consecutive year of a clean record, clearly shown a testimony of Sarawak effective governance and prudent financial management.
“This remarkable achievement over the past 22 years reflects our relentless dedication, commitment, and professionalism, and I must say this deserves a moment of commendation.
“We uphold the principles of good governance in our financial management.
“This is evidenced by the reaffirmation of our commendable investment-grade credit ratings by both international and domestic rating houses.”
Uggah, who is also the Second Finance and New Economy Minister, said this in his ministerial winding-up speech, Wednesday (Nov 20).
He added that Moody’s and Standard & Poor’s have reaffirmed the State’s credit ratings at A3 and A- respectively, whilst Rating Agency Malaysia at AAA.
“These achievements underscore the State’s sound financial management, underpinned by strong reserves and disciplined budgetary practices.”
He added that commitment to integrity and professionalism is the backbone of the state’s strength, and he urged everyone to continue embodying these values.
“As such, I would like to take this opportunity to extend my sincere appreciation to all tate civil servants for their steadfast dedication to upholding high standards of financial management and governance.
“It is through consistent adherence to these principles that we collectively build trust and resilience within our institutions, fostering an environment where public resources are managed responsibly and with high integrity.
“We must remain vigilant, reinforcing our commitment to disciplined budgetary and prudent financial practices. This is crucial to safeguarding the state’s wealth, ensuring sustainable economic growth, and securing prosperity for our future generations.”
