Selangor announces economic recovery plan

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Selangor announced its economic recovery plan today by focusing on three main aspects to address the impact of the Covid-19 pandemic in the state. Selangor Menteri Besar Amirudin Shari (above) said the three key aspects were food security, economic sustainability and capacity building. "The total economic value of this Selangor Economic Recovery Plan is RM55.85 billion. "The implementation of the plan is to boost the monetary resilience of the state of Selangor to rebuild its economy after experiencing a sudden shock following the Covid-19 pandemic which has never been anticipated by any global economic expert," he said when presenting the plan at the state legislative assembly. Amirudin said through the food security aspect, the state government would endeavour to increase the value of the agricultural cycle as well as reduce dependence on food imports. On economic …