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



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence, tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Michael Montesano, Associate Senior Fellow at the ISEAS–Yusof Ishak Institut on Thailand's Shinawatra family's triple court test

7:45 AM

Morning Brief

Nik Nazmi Nik Ahmad, MP for Setiawangsa talks about reimplementing local government elections in Kuala Lumpur.

8:00 AM

The Breakfast Grille

Artist Jalani Abu Hassan and Beverly Yong, Co-founder of RogueArt, discuss Malaysia’s evolving art scene.

8:30 AM

Morning Brief

Theebalakshmi Kunasekaran, Research Associate at KRI, discusses how residents’ interests can be safeguarded if the URA comes into force.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence, tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Dr Song Bee Lian, Associate Professor, School of Management and Business, MILA University talks about consumer behavior in Malaysia.

10:05 AM

Open For Business

Vibefam's CEO Serene Lim on processing over $1M monthly and building a localised SaaS 'growth OS' for Asia's service businesses.

11:00 AM

Tech Talk

Alex Liew, Chairman at PIKOM, and TK Choo, Director at Kabel, join us to explore how hackathons are bridging the employability gap while helping businesses attract and retain digital-savvy talent.

12:00 PM

Enterprise Explores

BMI's Darren Tay unpacks the early data on how US tariffs are impacting Asia, from export 'frontloading' to surprisingly resilient financial markets.

1:00 PM

The Breakfast Grille Repeat

Jalaini Abu Hassan, Artist & Beverly Yong, Co-founder of RogueArt

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

We speak with Nalini Elumalai, one of the key coordinators of the Gerakan Mansuh ISA rally in the mid-2000s, about the struggle to abolish the draconian law and the lessons learned along the way.

4:05 PM

Health & Living

Newborn screening seems simple but its impact can be life changing when it picks up rare and severe disorders early, giving these babies a chance at life when they then can be treated early. We find out more.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service

This episode of Crowd Science unpacks all-things camouflage - from the design to the science behind it.