Selangor Tables RM3.23bil Deficit Budget for 2026
SHAH ALAM: Selangor Mentri Besar Amirudin Shari tabled a RM3.23 billion deficit budget for 2026, themed Selangor Juara, Rakyat Sejahtera (Selangor Champions, People Prosper), at the State Assembly today (Nov 14). Projected revenue stands at RM2.8 billion, with RM1.8 billion (57.6%) for Operating Expenditure and RM1.37 billion (42.4%) for Development Expenditure.
The budget outlines six commitments: boosting revenue and economic opportunities; governance reform; future-focused education; arts, culture, and youth empowerment; a caring state; and environmental sustainability with robust infrastructure.
Key allocations include RM55 million for a mega road resurfacing programme and RM54.34 million for flood mitigation, adding 17 projects across major basins like Sungai Klang (RM16.92mil) and Sungai Langat (RM16.51mil). Emphasis targets rapid development areas prone to flash and monsoon floods. Additionally, RM30 million continues the School Assistance Programme to support students statewide.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
CIMB and China CITIC Bank have signed an LOI to enhance China-ASEAN financial connectivity, supporting…
EG Industries is accelerating beyond traditional EMS, leveraging AI networking demand, 1.6T development, network switches…
Sime Darby Property has introduced a RM1.25 billion fund aimed at investing in new economy…
Pos Malaysia has consolidated all its courier offerings under the Pos Laju brand to streamline…
Jati launches Jati Chom Chom, a rice puff snack, expanding into the snack market with…
Maxim marked Kaamatan and Gawai with free rides and exclusive postcards, helping festivalgoers travel conveniently…
This website uses cookies.