Federal agencies’ assets grew 5.5% to RM2.838 trillion in 2024, with liabilities rising slightly to RM0.871 trillion, according to the Auditor-General’s Report.
KUALA LUMPUR: The asset position of 143 federal agencies increased by 5.5% to RM2.838 trillion in 2024. This compares to RM2.690 trillion the previous year.
Liabilities for the same agencies rose by 0.1% to RM0.871 trillion. The analysis is from the Auditor-General’s Report (LKAN) 1/2026 tabled in parliament.
The audit found that 139 agencies recorded total assets higher than total liabilities. Four agencies, however, recorded liabilities exceeding their assets.
Among these were Perbadanan PR1MA Malaysia (PR1MA) with net liabilities of RM747.16 million. The Malaysian Highway Authority (LLM) posted net liabilities of RM353.28 million.
In 2024, 100 agencies received grants totalling RM30.490 billion. This comprised RM16.609 billion in operating grants and RM13.881 billion in development grants.
The five largest grant recipients received a combined RM12.339 billion. They were MARA, UiTM, PTPTN, SWCorp, and the Farmers’ Organisation Authority (LPP).
A total of 84 agencies received development grants worth RM13.881 billion. These were recorded as liabilities in their accounts.
By the end of 2024, 92 agencies held accumulated development grant balances of RM15.241 billion. Five agencies held the highest balances totalling RM4.684 billion.
These were MARA, FELDA, LPP, MIDA, and Kuala Lumpur City Hall (DBKL). The report noted remaining balances were due to incomplete obligations.
It stated grants were used for operational expenditure and government-stipulated obligations. Unused balances were pending project completion or reallocation approval from the Ministry of Finance.
Meanwhile, 21 agencies had loans totalling RM130.188 billion in 2024. Six took new loans amounting to RM8.099 billion during the year.
The six were LPPSA, BSN, PR1MA, LHDN, MTIB, and PERNAMA. They borrowed from the federal government and financial institutions.
Five agencies accounted for the highest outstanding loan balances of RM121.542 billion. This represents 93.4% of the total RM130.188 billion in loans.
Two of these, FELDA and the Port Klang Authority (LPK), had outstanding federal government loans of RM3.663 billion.
The Sun Malaysia
