Budget 2023 to re-tabled on Feb 24, says Finance Ministry

Politics
29 Dec 2022 • 4:04 PM MYT
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Budget 2023 to re-tabled on Feb 24, says Finance Ministry

KUALA LUMPUR – The Finance Ministry has confirmed that Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim will table the revised Budget 2023 in the Dewan Rakyat on February 24, 2023.

“Yes, the date is confirmed,” an MoF spokesman responded briefly to the media when asked to confirm the matter today.

Several media had reported Dewan Rakyat Speaker Datuk Johari Abdul as saying Budget 2023 would be presented on February 24, as only a mini-budget was previously presented for service expenses and salary payments.

“Overall, the budget presentation and debate process including committee matters and policy will take 21 days,” he was quoted as saying in The Star Online portal late yesterday.

According to Parliament’s official portal, the first meeting of the second session of the 15th Parliament will run from February 13 until March 30, 2023.

On December 20, the Dewan Rakyat unanimously approved the 2023 Mini-Budget and the Consolidated Fund (Accountable Expenditure) Bill 2022.

To recap, then finance minister Tengku Datuk Seri Zafrul Abdul Aziz tabled a RM372.3 billion Budget 2023, the largest allocation in Malaysia’s history, on October 7, 2022.

Three days later, on October 10, Parliament was dissolved to make way for the 15th general election on November 19, 2022. – Bernama, December 29, 2022