SHAH ALAM, Nov 3 ― Selangor Mentri Besar Datuk Seri Azmin Ali has announced a budget of RM3.12 billion for the 2018 Selangor state budget today, which is around 10 per cent lower than the 2017 budget of RM3.45 billion.
Out of the allocation, RM1.46 billion or 46.8 per cent of the total will be allocated for administrative expenditure, while RM1.66 billion or 53.2 per cent, up by 1 per cent compared to last year will be chanelled for development.
The state secretariat and the Mentri Besar’s office will take the bulk of the expenditure budget with an allocation of RM1.2 billion.
The state Public Works Department has been allocated RM200 million, its Irrigation and Drainage Department has been given RM106 million, while the Selangor Islamic Religious Department will receive RM106 million.
Selangor’s State Agricultural Department will receive RM19 million, while the State Forestry Department has an expenditure of RM7 million. This is followed by the State Veterinary Services at RM6.6 million, the state’s Urban and Rural Development Department (RM3.08 million) and State Treasury (RM2.3 million).
Selangor remains the state with the second highest manufacturing investment with 222 projects raking in a total of RM7.88 billion, or 22.7 per cent of the total manufacturing investments, last year.
Azmin reported that inflation was recorded at 4.3 per cent in the first quarter and at 4 per cent in the second quarter due to higher transportation cost.