KUCHING -Chief Minister Tan Sri Abdul Taib Mahmud pronounced a Auditor General has released a purify check of illness to Sarawak for a 2011 open accounts.
Taib who tabled a 2013 State Budget at a Sarawak State Legislative Assembly today, pronounced this is a 10th uninterrupted year a State has received an unqualified report.
"I wish to emphasise that you contingency continue to grasp a purify check of illness in future," pronounced Taib who is additionally Finance Minister.
He additionally urged a media to give a some-more balanced inform of a Auditor General's comments so that it is not misunderstood by a ubiquitous public.
He pronounced a State Public Accounts is not only subject to a audit as well as scrutiny of a Auditor General, as a finance management are additionally being monitored by both international as well as domestic rating agencies.
"Despite a tellurian monetary as well as mercantile misunderstanding that have affected credit standings of some rated sovereigns as well as corporate entities around a world, a state's credit rating in front of is maintained at a commendable investment-grade credit ratings of A3 by Moody's as well as A- by Standard as well as Poor's.
"These commendable credit ratings prove a certainty vested by international rating agencies in a state's receptive to advice mercantile as well as monetary position," he said.
He pronounced Sarawak as a rated state is compulsory to maintain as well as imitate with high international standards of monetary reporting requirements.
-thesundaily
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