Business

Finance Ministry still accepting proposals for Budget 2023

Possible for public to send in views via emails, media

Updated 3 years ago · Published on 28 Sep 2022 4:53PM

Finance Ministry still accepting proposals for Budget 2023
With only 10 days left until the tabling of Budget 2023, the Finance Ministry is still giving members of the public and businesses the opportunity to share their proposals and views to ensure that the budget would benefit all target groups. – The Vibes file pic, September 28, 2022

KUALA LUMPUR – With only 10 days left until the tabling of Budget 2023, the Finance Ministry (MoF) is still giving members of the public and businesses the opportunity to share their proposals and views to ensure that the budget would benefit all target groups. 

National Budget Office director Datuk Shahrol Anuwar Sarman said the engagement sessions on Budget 2023 had begun as early as March this year, followed by comprehensive consultation sessions and roadshows in May.

He added that about 190 engagement sessions were held, and 242 memoranda, as well as more than 6,000 views from members of the public on the budget, had been received. 

“We are still monitoring the forums, because there are still discussions being held regarding Budget 2023, and we also have a dedicated online portal through which we have received thousands of views, all of which are being analysed in detail for us to implement in Budget 2023.

“There’s still time (to share your views) in these 10 days, for example, through the media or via emails, and we will take into account all these views,” he said during a talk show on Budget 2020’s achievements aired by RTM last night.

To date, six pre-Budget 2023 statements have been issued on the budget’s direction and feedback.

Shahrol said Budget 2023 is similar to Budget 2022 in that it continues to focus on the people’s wellbeing, enhancing business resilience and economic recovery.

Overall, he said Budget 2022 was on the right track, based on the achievements with regards to economic growth, the unemployment rate, industrial production and the tourism sector.

However, he noted that some groups had been left out from the assistance provided under Budget 2022.

“Some groups were unaware of the assistance provided under the budget and we are looking into why that had happened.

“The reason is quite clear for the rural areas, but there are groups in the urban areas who have been left out of the benefits the budget provided.

“The value of the assistance might have been small, but we want it to benefit everyone,” he said, adding that the government is currently looking into this issue so that it would recur under Budget 2023. – Bernama, September 28, 2022

Related News

Malaysia / 1y

Govt exempts MSMEs earning below RM150,000 annually from e-invoicing

Malaysia / 2y

Spanco chairman pleads not guilty to charge of cheating Finance Ministry

Malaysia / 2y

Anwar won’t host Hari Raya open house to save money

Malaysia / 2y

Balance of Budget 2023 funds must be utilised before year end, says Ahmad Maslan

Business / 2y

Tabung Haji to begin talks with MoF on return of assets

Business / 2y

Plantation ministry to moot replanting grants to MoF: Fadillah

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

AI should support human thinking, not replace it - MDEC CEO

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB