Two budgets will be presented in 2023, one in February and one in October.
According to the Lower House of Parliament schedule, the Lower House of Parliament will meet in three sessions in 2023, from February 13 to March 30 (29-day session), June 12 to 27 (10-day session) and October 9 and November 30 (32-day session).
Prime Minister and Finance Minister Datuk Seri Anwar will present the 2023 Budget on February 24, 2023 and the 2024 Budget on October 13.
Every year, the budget is the focus of the nation’s attention because it will directly affect the economic situation of the nation in the coming year. This year, the inflation is serious and the national bank has increased the interest rate frequently, so people hope to get a share of the budget and to reduce the burden of living.
The B40 low income group is most concerned about the assistance programs, while the M40 middle income group is most concerned about the tax relief related programs, and the small and medium enterprises are concerned about the loans and business related programs.
