Selangor govt tables RM2.45b budget for 2023

The Edge Markets LogoThe Edge Markets4 mo ago

Selangor govt tables RM2.45b budget for 2023 - The Edge Markets

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



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

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Language: English

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News ID: 1927331

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