KUALA LUMPUR: “The revenue collected so far this year is RM1.86 billion, while expenses stood at RM1.38 billion,” he said.
This means that the state government has so far achieved about 82% of the projected revenue of RM2.25 billion for 2016, he told a press conference after opening the roundtable meeting for the 2017 state budget here today.
As of Aug 12, Selangor’s reserves amounted to RM3.79 billion compared to RM3.26 billion as at Dec 31, 2015, he said.
He added that the roundtable meeting would discuss the need to review Selangor’s poverty rate and poverty-income threshold.