Budget 2023 unfairly impacts middle, lower income groups

MALAYSIA’S revised RM386 billion budget for 2023 has generated mixed reactions. Some lauded it as a genuine effort to boost the country’s economy, while others saw it as a political manoeuvre ahead of the upcoming state election.

The budget represents a 6.9% increase over the previous budget of RM360 billion, making it the country’s most significant budget in history.