7th October 2022 - 1 min read
At 4pm today, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has tabled the national Budget for year 2023 in the Parliament – amidst much anticipation. With the allocation of RM372.3 billion – up from the previous year’s RM332 billion – it is expected to boost the welfare of Keluarga Malaysia, even as it focuses on the country’s economic recovery and socio-economic development. Accordingly, the Ministry of Finance has declared the themes of Budget 2023 to be “Strengthening Recovery, Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia”.
With numerous initiatives having been announced, here are some key highlights from Budget 2023 that you should know.
You can also view our other write-ups on Budget 2023 here for more in-depth coverage, and keep an eye out for upcoming articles!
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Stay tuned for what’s to come next in the personal finance world