Selangor Journal
Menteri Besar Dato’ Seri Amirudin Shari (middle) speaks at the press conference after the groundbreaking ceremony of the Rumah Idaman Bukit Jelutong at the sales gallery in Shah Alam, on August 26, 2022. — Picture by FIKRI YUSOF/SELANGORKINI

Selangor formulates plan, set up committee to face possible economic downturn — MB

By Siti Rohaizah Zainal

SHAH ALAM, Aug 26 — The state government has started formulating plans to prepare for an economic slowdown that is predicted to happen next year.

Menteri Besar Dato’ Seri Amirudin Shari said the plan would focus on efforts to stimulate the people’s economy, which will include several initiatives taken by the state administration during the Covid-19 pandemic.

“Currently, we noticed several symptoms leading to an economic slowdown such as uncontrolled inflation in addition to the economic activities that have yet to fully recover.

“Therefore, this action (that will be taken) is to boost the economy of people, similar to what we did during the pandemic, such as distributing food baskets, giving stimulus packages and so on,” he said here today.

Earlier, he had officiated the groundbreaking ceremony for Rumah Idaman Bukit Jelutong groundbreaking ceremony, which was also attended by Permodalan Negeri Selangor Berhad (PNSB) chief executive officer Raja Ahmad Shahrir Raja Salim.

Commenting further about the plan, Amirudin said he has instructed several relevant parties to set up a committee.

“I have instructed state executive councillor for trade and investment Dato’ Teng Chang Khim, the state’s Treasury Unit and Selangor State Secretary Dato’ Haris Kasim to form a committee to assess the possibility of an economic slowdown occurring next year.

“The committee would formulate plans that the state government could implement now or in the future should there be a global economic slowdown,” he said.

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