Selangor tables RM2.3 bil budget to stimulate growth

Menteri Besar Amirudin Shari says the budget has five key strategies, including a superior education agenda. (Facebook pic)

SHAH ALAM: The Selangor government today tabled the 2020 Budget totalling RM2.33 billion.

It is based on five key strategies, said Menteri Besar Amirudin Shari.

These are: to generate growth and empowerment of the state economy; to plan a superior education agenda; to create a safe, healthy and prosperous Selangor; to ensure environmental sustainability; and to champion social sustainability.

He said of RM2.33 billion, a total of RM1.2 billion or 51.44% was allocated for operating expenditure, while RM1.133 billion or 48.56% was for development.

“The 2020 budget for Selangor is expected to experience a deficit of RM133 million due to substantive development allocation to meet the needs of sustainable development.

“The total deficit will see a drop, compared to RM360 million in 2019,” he said when tabling the state government budget at the Selangor state assembly sitting here today.

The projected operating expenditure for 2020 was based on a zero-based budgeting framework, he said.

He said of the RM1.2 billion allocation for operating expenditure next year, RM430.76 million was for emoluments while RM506.95 million was for services and supplies.

“A total of RM4.47 million is for asset purchases while RM161.29 million has been allocated for grants and fixed payments and RM96.53 million for other expenses,” he said.

On the other hand, Amirudin said the budget also proposed a RM1.133 billion allocation for development, of which, 31.2% was for infrastructure development and 29.9% for economic development.