Caretaker PM: Mini Budget To Be Tabled If New Government Not Formed In Time
Author Avatar
datuk seri ismail sabri yaakob
(Image: The Sun Daily)

Caretaker Prime Minister Datuk Seri Ismail Sabri Yaakob said that a mini budget will need to be tabled before 31 December 2022 in order to approve certain emoluments for the following year, especially payment of salaries for civil servants. This is if the new government for Malaysia cannot be formed in time, due to the lack of a simple majority from the recent general election (GE15).

The minister explained that the tabling of the mini budget does not require further debates of approval; as such, it will not be a complicated process. “There is no cause for civil servants to worry about payment of their salaries. It is just a straightforward process…it will be tabled and passed,” he further reassured.

The national budget for 2023 (Budget 2023) had actually already been tabled by caretaker Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz much earlier on 7 October 2022, involving an allocation of RM372.3 billion. However, Dewan Rakyat were unable to debate or approve the budget as the Parliament was subsequently dissolved just three days after that.

Malaysia then went to polls on 19 November 2022, but the election outcomes resulted in a hung parliament as no single political party won enough support form a new government through simple majority.

(Source: New Straits Times)

4 1 vote
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Most Viewed Articles
Post Image
Personal Finance News
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
RinggitPlus
- 27th May 2026
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Personal Finance News
EPF Declares 6.15% Dividend For 2025
Samuel Chua
- 28th February 2026
The Employees Provident Fund has declared a dividend rate of 6.15% for both Simpanan Konvensional and Simpanan Shariah […]
Post Image
Personal Finance News
Google AI Ultra Gets A Lower Starting Price
Iman Aminuddin
- 22nd May 2026
Following announcements made during Google I/O 2026, Google has restructured its AI subscription lineup by introducing a new […]
Post Image
Personal Finance News
Tenaga Nasional Berhad Turns To AI To Run A Smarter, More Reliable Power Grid
Christina Chandra
- 19th May 2026
Tenaga Nasional Berhad (TNB) is deploying artificial intelligence (AI) across its electricity network to detect faults earlier, route […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image