By Mustakim Ramli
HULU LANGAT, June 19 — Despite the state government’s various measures to support the people, Selangor’s reserves remain at a comfortable level of more than RM3 billion.
Menteri Besar Dato’ Seri Amirudin Shari said even though Selangor was dealing with several crises such as Covid-19 and massive floods, the state had a similar performance in comparison to the past Menteris Besar’s leaderships.
“We invest RM600 million every year and thank God, the more we contribute, the better the results. The proof is that, despite the pandemic, Selangor continues to collect good revenue and exceeds its targets.
“Despite our significant spending, the state’s reserves remain at a comfortable level of more than RM3 billion, as they were under the previous Menteris Besar before me,” he said at the Selangor Penyayang roadshow at the Hulu Langat district, held at Taman Kosas, Ampang, here today.
In the #Selangor2022 Budget announced in November last year, Amirudin said that the state government is not burdened by a budget deficit of more than RM200 million.
He explained that this was due to Selangor’s expanded reserves, which were stronger and more accessible.
“The deficit was RM100 million more last year and RM200 million higher this year, which was contributed due to our decreased revenue forecast for the next year.
“Because we have increased and strengthened reserves that can be used in a crisis, the growing deficit is not as troublesome. I feel that now is the time for the government to invest in project development in order to put it into action,” he said.
