Financial Performance: Penang vs Other States

By Calvin Sankaran, FMT

My earlier analysis of the Penang state government’s financial management performance attracted considerable interest and provoked intense debate among readers.

Some the readers requested for a further analysis to benchmark Penang’s performance with other Malaysian states.

Such analysis, these readers felt, would conclusively answer the question of who is better at financial management – Barisan Nasional (BN) or Pakatan Harapan/Rakyat (PH/PR), the two competing political coalitions.

Concurring with this viewpoint and acceding to their request I have expanded my analysis to compare the financial performance of Penang with 5 other Malaysia states namely Selangor, Kelantan, Melaka, Johor and Sarawak.

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