Finance Ministry invites stakeholders to share inputs for Budget 2023

KUALA LUMPUR, June 3 — The Ministry of Finance will begin its engagement and consultative sessions with various stakeholders under its Pre-Budget Statement to ensure a comprehensive and holistic Budget 2023.

He said the PBS would also highlight the need to strengthen Malaysia’s economic and fiscal resilience in 2023 and beyond while also managing downside risks including those arising from geopolitical tensions as well as disrupted supply chains that have drastically increased global commodity and food prices Tengku Zafrul said it would also highlight the strategic transition from the current recovery phase towards longer-term reforms to facilitate better income opportunities, enhanced holistic...

He said the Budget 2023 would also focus on creating a conducive business environment, especially on enhancing the competitiveness and productivity of small and medium enterprises , boosting the recovery of tourism and other pandemic-impacted sectors, leveraging on Malaysia’s leadership in Islamic finance as well as catalysing new growth areas including moving industries up the value chain.

He said based on the Keluarga Malaysia principle, the government also aimed to partner with the private sector, NGOs and civil society on specific budget measures.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Finance Ministry invites stakeholders to share inputs for Budget 2023KUALA LUMPUR, June 3 — The Ministry of Finance (MoF) will begin its engagement and consultative sessions with various stakeholders under its Pre-Budget Statement (PBS) to ensure...
Source: malaymail - 🏆 1. / 86 Read more »

Budget 2023: Finance Ministry says govt building resilience through jobs and social protectionKUALA LUMPUR, June 3 — The government would focus on facilitating employment, re-employment, and social protection, especially among the self-employed and informal sector...
Source: malaymail - 🏆 1. / 86 Read more »

Structural reforms a key focus for Budget 2023, says Finance MinistryKUALA LUMPUR, June 3 — In an effort to manage external shocks that may affect the wellbeing of the people and businesses, the government has set a medium-term priority of...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry: IRB able to address revenue leakages under Bill amendmentsKUALA LUMPUR, June 3 — The Inland Revenue Board Malaysia (IRBM) is able to address the issues of revenue leakages through the introduction of a new provision under the amendments... 😂😂😂😂😂😂
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry: Tax, revenue reforms key to socio-economic resilienceKUALA LUMPUR, June 3 — Putrajaya will continue to implement tax reform initiatives proposed by the Tax Reform Committee, which focused on measures to broaden the tax base,...
Source: malaymail - 🏆 1. / 86 Read more »