BFM 89.9
The Business Station
Recommended
22 mins
41 mins
1 min
Yesterday, Selangor Menteri Besar Azmin Ali tabled the state budget of RM3.45 billion on a forecasted revenue of RM2.55 billion leading to a deficit of RM900 million. Last year the Selangor government allocated RM2.88 billion for its 2016 Budget on an expected revenue of RM2.244 billion.
Today, we ask if this is an election budget with its increased allowances to Ketua Kampung, doubling on free bus services, increased allocations to vernacular schools, and an additional bonus for civil servants. Critics have also pointed to the strategy of running a deficit while maintaining high reserves. In August, Azmin noted that the government is looking at diversifying its revenue source and we ask what concrete measure is the state government taking to achieve this? And if too much emphasis has been placed on redistribution and not on aiding business generate growth.
This report is by Sharaad Kuttan.
Presenter:
Producer:
Share:
Recent episodes
0
Latest stories
Videos · Jan 15 · 6:00AM
Legal But Feels Like A Scam?
2 mins
Podcasts · Jan 15 · 4:00AM
Why the Cost of Living Still Hurts Despite Easing Inflation
22 mins
Podcasts · Jan 15 · 3:00AM
Gratitude + Mindfulness = Better Workplaces
41 mins
Selangor Budget 2017 - Deficits & Reserves
10 mins
·
08:35, 1 Nov 2016
Yesterday, Selangor Menteri Besar Azmin Ali tabled the state budget of RM3.45 billion on a forecasted revenue of RM2.55 billion leading to a deficit of RM900 million. Last year the Selangor government allocated RM2.88 billion for its 2016 Budget on an expected revenue of RM2.244 billion.
Today, we ask if this is an election budget with its increased allowances to Ketua Kampung, doubling on free bus services, increased allocations to vernacular schools, and an additional bonus for civil servants. Critics have also pointed to the strategy of running a deficit while maintaining high reserves. In August, Azmin noted that the government is looking at diversifying its revenue source and we ask what concrete measure is the state government taking to achieve this? And if too much emphasis has been placed on redistribution and not on aiding business generate growth.
This report is by Sharaad Kuttan.
Presenter:
Producer:
Share:
Recommended
Jan 15
·
41 minsGratitude + Mindfulness = Better Workplaces
Download app
60,000 other podcasts in your hand
Recent episodes
0
Latest Stories
Podcasts · Jan 15 · 22 mins
Why the Cost of Living Still Hurts Despite Easing Inflation
Podcasts · Jan 15 · 41 mins
Gratitude + Mindfulness = Better Workplaces