Expansionary spending and fiscal discipline


KL50_24022023_PARLIMEN

PRIME Minister-cum-Finance Minister Datuk Seri Anwar Ibrahim delivered a total expenditure of RM386.1bil or 20.4% of gross domestic product (GDP) in 2023, which is even higher than the original budget of RM372.3bil.

That said, the Budget 2023 allocation marked a decline of 2.3% from 2022’s RM395.2bil, due to the expiry of the special trust Covid-19 Fund.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Selling on Bursa Malaysia continues following Wall St plunge
Trading ideas: LCTitan, CelcomDigi, Axiata, MMHE, Capital A, Sapura Energy, Euro, Cahya Mata, Nylex, SDS, Chemlite
Nation mourns passing of renowned economist Kamal Salih
ZTE, CelcomDigi in AI telecoms infrastructure partnership
Shopee parent Sea posts second year of profitability
Ericsson in DNB, CelcomDigi digital shift tie-up
Al-Salam-REIT in RM10mil property sale
Express Powerr eyes ACE Market listing
ACE Market-bound Chemlite buys land from PDC
Euro Holdings plans corporate exercises

Others Also Read