Prime Minister and Finance Minister Datuk Seri Anwar will present the 2023 budget on Friday, February 24, and will announce more details on the STR grant in the budget.
According to the lower house of parliament schedule, the lower house of parliament will hold three sessions in 2023, with the 2023 budget presented in February and the 2024 budget presented in October.
Every year, the budget is the focus of the nation’s attention, as it will have a direct impact on the economic situation of the country in the coming year.
With the severe inflation in the country and the frequent interest rate hikes by the National Bank last year, people are hoping to get a share of the budget and to reduce their burden of living.
The government has released the first phase of STR assistance from January 17, when the government released RM300 for the family group and RM100 for the single group.
The Prime Minister and Finance Minister Datuk Seri Anwar is expected to announce more details about the STR grant in the budget to be presented in February, which includes which income group will receive the grant, the total amount of grant for each group, etc.
The M40 middle-income group is most concerned with tax relief-related programs, while small and medium-sized enterprises will focus on loan and business-related programs.
