Selangor reserves hit RM5.12 billion as state tables 2027 Budget

LocalPolitics
13 Nov 2026 • 6:30 PM MYT
The Sun Daily
The Sun Daily

For the latest news and features from Malaysia and the rest of the world.

Image from: Selangor reserves hit RM5.12 billion as state tables 2027 Budget

Selangor tabled a RM3.3 billion 2027 Budget, with RM1.9 billion for operating expenditure and RM1.4 billion for development, said MB Amirudin Shari.

SHAH ALAM: The Selangor government today tabled its 2027 Budget amounting to RM3.3 billion to finance the state’s administration and continue its development programmes next year.

Menteri Besar Datuk Seri Amirudin Shari said of the total allocation, RM1.9 billion, or 57.6 per cent, has been allocated for operating expenditure, while RM1.4 billion (42.4 per cent) was allocated for development purposes. “To address various current challenges more effectively and swiftly, this administration proposes the Selangor 2027 Budget with an allocation of RM3.3 billion,” he said when tabling the budget at the Selangor State Legislative Assembly here.

Amirudin, who is also the Sungai Tua assemblyman, said the state government has projected revenue collection of RM2.85 billion for next year. This includes land premiums amounting to over RM1.1 billion, representing 39 per cent of the estimated total revenue. In addition, he said land tax was projected to contribute RM653.82 million, equivalent to 23 per cent of total revenue, while Federal Government grants were expected to amount to RM292.70 million, or 10 per cent.

On the state’s financial position, Amirudin said the Selangor State Government Consolidated Fund reserves stood at RM4.736 billion as at Dec 31, 2025, comprising the Consolidated Revenue Account and the Consolidated Trust Account.

He said the state’s reserves continued to increase by RM384.84 million to RM5.121 billion as at Nov 11, 2026, comprising RM1.713 billion in the Consolidated Revenue Account and RM3.408 billion in the Consolidated Trust Account. “By consistently adopting a prudent spending approach, the state government’s financial performance recorded a surplus of RM422.40 million as at Nov 11, 2026,” he added.

Meanwhile, the state’s revenue collection for 2026 had exceeded its target, recording RM2.957 billion as at Nov 11. Of this amount, tax revenue contributed RM767.30 million, while non-tax revenue amounted to RM1.912 billion and non-revenue receipts totalled RM277.34 million.

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved