Unity government allocates RM388.1 billion budget for 2023

KUALA LUMPUR, Feb 24 -- Prime Minister who is also Finance Minister Datuk Seri Anwar Ibrahim during the presentation of Malaysia Madani Budget 2023 at the Parliament Building today. BERNAMAPIX: The Unity Government led by Prime Minister Datuk Seri Anwar Ibrahim today tabled the national budget for 2023 totalling RM388.1 billion, of which RM289.1 billion allocated for operating expenditure and RM99 billion for developing expenditure including RM2 billion for contingency savings.

“The increase is to enable focus to be given to programmes to eradicate poverty, repair public infrastructureand rural facilities. Anwar said Budget 2023 will be the first step to explore the Malaysia Madani development framework which focuses on 12 main initiatives based on three objectives namely driving an inclusive and sustainable economy, institutional reform and governance to restore confidence, and social justice to reduce imbalance.

The Prime Miniser said the tabling of the budget today, which is dubbed the Madani Budget, reflects a noble value system capable of addressing current challenges, including the global economic uncertainty.

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