By Norrasyidah Arshad
SHAH ALAM, July 28 — The First Selangor Plan (RS-1) aims to build a sustainable and resilient economy to protect the welfare of the people in the state.
Menteri Besar Dato' Seri Amirudin Shari stated that the RS-1 was developed as the state could no longer rely entirely on Putrajaya's centralised fiscal planning, which needed to be fair to all of the states.
"Various global issues, like the health crisis, rising living expenses, including the cost of goods, climate change, and oil prices, have had and continue to have a significant impact on Selangor's economy and its people.
"The state government must therefore make strategies and efforts to address these issues rather than just take a wait-and-see approach," he said in a statement.
Amirudin stated that the five-year RS-1 framework intends to help Selangor reach its goal of contributing 30 per cent of Malaysia's gross domestic product (GDP) by 2025.
"The plan focuses on economic growth and to empower the people through welfare programmes and sustainable development. It also emphasises on (creating) an efficient and transparent government services," he said.
Yesterday, the Menteri Besar tabled the RS-1, which includes projects and initiatives worth RM212.44 billion, during the Selangor State Legislative Assembly sitting.
Amirudin said that RM92.44 billion was allocated to state-level developmental projects, including the implementation of various incentives to guarantee the welfare of the people.
He said for state-level development, an allocation of RM7.16 billion will be from the state government for the implementation of 262 initiatives under RS-1, while RM34.26 billion involves development projects (allocated) under the state government subsidiaries and RM51.02 billion involves private financing.
