Deputy finance minister says Budget 2023 focus on Malaysians’ wellbeing, boost economic competitiveness

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PUTRAJAYA, Aug 23 — The upcoming Budget 2023 to be tabled in October will focus on ways to help Malaysians increase their revenue as well as safeguard their social-economic...

PUTRAJAYA, Aug 23 — The upcoming Budget 2023 to be tabled in October will focus on ways to help Malaysians increase their revenue as well as safeguard their social-economic welfare so the nation can bounce back from the Covid-19 years, Datuk Mohd Shahar Abdullah said today.

He added that through the new initiatives in Budget 2023, the government will be ensuring that this momentum does not stop and Malaysia's economy continues to grow and improve. Shahar said that the theme for Budget 2023 is “Strengthening Recovery and Facilitating Reforms towards Sustainability of Economic Resilience and Wellbeing of Keluarga Malaysia”.The first, Shahar said, is to strengthen the momentum of economic recovery in terms of Gross Domestic Product growth, employment, personal income, and business continuity.

 

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