KUALA LUMPUR, November 14 — Datuk Seri Amirudin Shari, the Menteri Besar of Selangor, announced today that the state government is poised to completely clear its debt owed to the federal government by the year 2024. Amirudin attributes this positive financial outlook to the “excellent financial freedom” achieved under his administration. While presenting the Selangor Budget 2024 in Shah Alam, he highlighted the significance of the upcoming year, deeming it as “lucky” for the state government in terms of debt management and financial autonomy.
The news underscores the state’s commitment to fiscal responsibility and efficient financial management. Selangor’s ability to settle its debt with the federal government reflects prudent financial planning and effective governance. The development aligns with the state’s broader economic goals and signifies a positive trajectory for Selangor’s financial standing in the coming year.
