Selangor govt tables RM2.45b budget for 2023

Quick Summary:

Selangor Menteri Besar Datuk Seri Amirudin Shari said the state government estimates revenue collection of RM2 billion next year.

He said the deficit is higher than in the 2022 budget, which had a RM293 million deficit due to disaster management preparations as a result of climate change and a provisional allocation to meet Selangor's sustainable development needs.

SHAH ALAM (Nov 25): The Selangor government presented its budget for 2023 on Friday (Nov 25) totalling RM2.45 billion, comprising RM1.25 billion (51%) for operating expenditure and RM1.20 billion for development expenditure (49%).

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Category: InvestingFinance

Markets: Malaysia

Topics: State Billion Government Million Budget Development Selangor (nov 2023 Revenue Expenditure

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 08:51:38 (4 months ago)

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Language: English

Article Length: 193 words

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News ID: 1927331

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