SHAH ALAM, 26 Jan: The Selangor State is expected to reach the per capita income of a ‘developed nation’ by 2016, leaving behind the Federal Government in its 2020 target.
The Executive Councillor in charge of Welfare and Women’s Affairs, Rodziah Ismail, said that the conclusion was derived based on the research data of the Malaysian Institute of Economic Research (MIER) which was presented by the research institute’s panel to the Chief Minister and the State Government Executive Councillors, as well as Heads of Departments recently.
Previously, MIER, at the briefing, said that Selangor is expected to achieve the per capita income of a “developed nation” with the assumption of Scenario A (New Economic Model) and Scenario C (based on the history of Selangor’s growth performance).
In fact, based on the two same scenarios, the Gross Domestic Product (GDP) of Selangor is projected to grow respectively at 6.8 percent and 6.5 percent on average between 2013 and 2023.
“This is not just a statement that is ‘fun’ to mention, but it is based on measurements and research conducted. We will be running faster and farther ahead.
“If previously Selangor contributed a fifth of the national income through taxes, now Selangor’s contribution has increased to a quarter,” said Rodziah.
She said this after inaugurating the Respect Yourselves Programme organised by the Selangor Women’s Affairs Executive Councillor yesterday.
Rodziah said that the same study also showed that the average income for middle-class four member families in Selangor at the moment amounted to RM5,753 per month.
She added that the State Government is currently actively intensifying efforts to help increase the income of the low-income group to the targeted minimum household income of RM4,000.