Malaysia Budget 2023 Snapshot Developing Malaysia MADANI

“The MADANI Budget truly lives up to its name, with an astounding RM386.1 billion allocation, of which RM289.1 billion was allocated for operating expenses and RM97 billion for development spending. Sustainability, Compassion, Respect, Innovation, Prosperity and Trust – these are the core values which have been profound undercurrents in the numerous initiatives proposed in Budget 2023.

It is heartening to see a strong focus on rebuilding the people’s finances and emphasis on rural development, as well as strengthening the MSME growth. As the nation and its people step forth into the post-pandemic era, I am positive the economy will emerge rejuvenated with the aid of the Budget 2023 despite the modest projection for a GDP growth of 4.5%.
-Yee Wing Peng, Chief Executive Officer, DELOITTE - 

Click here to view Deloitte Malaysia Tax Espresso (Special Edition)-Budget 2023 Snapshot, with everthing you need to know about the Malaysian Budget 2023 by Deloitte.