New Straits Times : RM393.8B BUDGET TO STRENGTHEN ECONOMY
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- Last Updated: Thursday, 19 October 2023 15:54
14.10.2023 : MALAYSIA has gone "expansionary" again, unveilling a bigger budget for next year to expand the economy and government coffers amid a global slowdown. The 2024 Budget boasts a higher allocation for operating spending and handouts, particularly for the low- and middle-income groups, civil servants, and small and medium businesses. It also introduces new taxes and revises existing ones and, as expected, announced a gradual targeted subsidy for diesel to ease the government's financial strain.
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