BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Current Affairs  >  Selangor Budget 2017 - Deficits & Reserves

Selangor Budget 2017 - Deficits & Reserves

Dato' Teng Chang Khim

01-Nov-16 08:35

Selangor Budget 2017 - Deficits & Reserves

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.


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  State Budgetselangor budget 2017Pakatan HarapanParti Keadilan RakyatAzmin Ali





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Andy Fisher, Co-founder & Chief Happiness Officer, The Happy Consultancy Group discusses employee disengagement and how happiness can be a powerful business strategy.

12:00 PM

Popcorn Culture

(REPEAT) A double-bill review of F1 and Jurassic World Rebirth, followed by a discussion about movie moments that left us awestruck.

1:00 PM

Cruise Control

(REPEAT) Should you buy an old stock electric vehicle in Malaysia? Daniel Fernandez shares what he thinks and gives some tips on how to do it.

2:00 PM

Matt-Splained

(REPEAT) Richard and Matt look at whether there is a shift towards genuine authenticity in our society’s online personas, and discuss the impact and growth of radical honesty and transparency before putting their own authenticity under the spotlight.

3:00 PM

Earth Matters

(REPEAT) Fireflies - nature's fairy lights, yet their glow hides a tale of ecosystem health, habitat loss, and potential disappearance. With World Firefly Day just around the corner, we explore these bioluminescent beetles with guests from education, science, and conservation.

4:00 PM

Bar None

(REPEAT) We unpack the conversation surrounding Enhanced Games and why it's a bad idea overall.

5:00 PM

BBC World Service

This episode of The Conversation features two pastry chefs talking about their craft and what innovation means in their world.