28 June 2011

Selangor aims to allocate RM1.5bil for 2012 budget


SHAH ALAM: The Selangor government aims to allocate RM1.5bil for the 2012 Budget by emphasising welfare programmes in the state, said Mentri Besar Tan Sri Abdul Khalid Ibrahim.

He said that out of the total, RM700mil would be allocated for welfare programmes which, among other things, aimed to narrow income imbalance in Selangor.

"Our objective is to narrow the income gap which appears to be growing wider in Malaysia. Development for the haves must be continued, but we are fully committed to ensure that the poor will not continue to be trapped in the clutches of poverty," he said in a statement here.

Abdul Khalid said the allocation would not be used merely as a handout but as seed funding to encourage the people to be self-reliant and to develop their own economic base.

He said the state government also planned to reduce the profit margin of government contractors from 30 percent to seven percent.

"We do this to eliminate middlemen who resulted in serious leakage detrimental to the people," he said.

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