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Category FAQs Search : National Reserve

Question: Is sarawak have a reserve fund?

Answer: Yes, Sarawak has significant financial reserves. RAM Ratings notes that Sarawak maintains substantial reserves and a robust fiscal performance, which is a key factor supporting its AAA(s) issue ratings. In fact, their fiscal surplus for 2023 was RM 5.49 billion, exceeding the initial budget of RM 238 million. These reserves, coupled with low debt levels, provide Sarawak with adequate financial headroom. Sarawak has also expressed interest in establishing a sovereign wealth fund, which could further solidify its financial position.

(Source: Sarawak Sovereign Wealth Future Fund Board, 05 May 2025)

Source Link: https://www.ssff.my