Malaysias 2023 budget likely to be trimmed down
KUALA LUMPUR – Prime Minister Anwar Ibrahim could potentially unveil a smaller budget for 2023 compared with Malaysias second-largest budget of RM372.3 billion (S$113 billion) announced by his predecessor in October, with the record development expenditure of RM95 billion expected to be downsized.
Economists believe there could be some rationalisation and realignment for the new budget.
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