10 key budget highlights | Daily Express Online - Sabah's Leading News Portal

  • 📰 DailyExpress_MY
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 83%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

10 key budget highlights

PETALING JAYA: . Here are the 10 key highlights of the national budget as announced by finance minister Tengku Zafrul Aziz. 1. RM55 billion was allocated for government subsidies, aid and incentives. This includes RM7.8 billion for Bantuan Keluarga Malaysia aid, which will benefit 8.7 million people, and RM2.5 billion in welfare aid for 450,000 households.2. The education ministry received a RM55.6 billion allocation, the largest of any ministry. At least RM1.

The government allocated RM15 billion for flood mitigation initiatives and RM2 billion to build retention ponds to reduce the risk of floods.6. Digital Nasional Bhd received a RM1.3 billion allocation to increase 5G internet coverage nationwide. 7. Government-linked companies and government-linked investment companies would invest RM50 billion next year, RM45 billion of which in direct domestic investments. 8. A RM1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Budget 2023 allocates RM372.3b, significant increase from Budget 2022, 2021KUALA LUMPUR: The 2023 Budget allocated a total of RM372.3 bilion, a significant increase from the RM332 billion allocated for Budget 2022 and RM322 b...
Source: theSundaily - 🏆 25. / 51 Read more »

Finance Minister Tables 2023 Supply Bill In Parliament | TRPThe government has allocated RM372.3 billion in the recent budget to help multiple stakeholders. That's nice and vague...
Source: therakyatpost - 🏆 14. / 59 Read more »

Cabinet approves having Sabah, Sarawak reps on LHDN board | Daily Express Online - Sabah's Leading News PortalThe Cabinet has approved a proposal to amend the Inland Revenue Board of Malaysia (LHDN) Act 1995 so that Sabah and Sarawak can have representatives sit on the LHDN board
Source: DailyExpress_MY - 🏆 3. / 83 Read more »

Sabah’s oldest Stone church’s 134th jubilee | Daily Express Online - Sabah's Leading News PortalOldest historical stone church in Sabah, the St Michael and All Angels Church, here, recently celebrated its 134 anniversary.  The church materialised with the arrival of a S.P.G missionary, an English clergyman Reverend William Henry Elton on Sunday, 2nd September 1888.  The church which towered above Sandakan Town survived the ravages of World War II and later planted a daughter church some five miles away named The Church of the Good Shepherd.  Another daughter church was also built in the district some 13 miles away called St Thomas’ Church. Both churches are now self-supporting in terms of finance and manpower.  A thanksgiving dinner was held moderately on 28th September in St Michael and All Angels Church with the attendance of 600 members. Invited guests included priests with their respective spouses and Parochial Church Council (PCC) members from the three other Anglican churches in Sandakan to share the joy of Michaelmas.  After dinner, there was worship time with presentation from different age groups: Children Ministry, Youth Ministry, Choir, Women Fellowship, Sisters’ Fellowship and senior citizens.  St. Michael and All Angels Church celebrating its 134th jubilee. The celebration and thanksgiving dinner was made more significant with the presence of the Diocesan Bishop of the Anglican Diocese of Sabah, Archbishop Datuk Melter Jiki Tais together with his wife Datin Angeline Wong.  In Melter’s sermon, he exhorted those present to continue to live up to their faith in gratitude and thanksgiving for the good gifts God had bestowed upon the church for the past 134 years and beyond
Source: DailyExpress_MY - 🏆 3. / 83 Read more »