Malaysia

Budget 2023 unlikely to influence voters for upcoming state polls: analysts

No election goodies, while Umno still slow on recovery, Perikatan Nasional remains strong

Updated 1 year ago · Published on 26 Feb 2023 10:00AM

Budget 2023 unlikely to influence voters for upcoming state polls: analysts
Noting that voters are unlikely to be swayed from their political stance by the offerings or lack thereof in the budget, analysts say Datuk Seri Anwar Ibrahim (pic) and his administration should remain on their toes going into the state elections. – ABDUL RAZAK LATIF/The Vibes pic, February 26, 2023

by Qistina Nadia Dzulqarnain

KUALA LUMPUR – Neither the unity government led by Prime Minister Datuk Seri Anwar Ibrahim nor the opposition should take Budget 2023 as an opportunity to rest on its laurels for the upcoming elections in six states, said political analysts. 

Noting that voters are unlikely to be swayed from their political stance by the offerings or lack thereof in the budget, they also said Pakatan Harapan (PH) chairman Anwar and his administration should remain on their toes going into the state elections.

The heads of the governments of Selangor, Negri Sembilan, Penang, Kedah, Kelantan, and Terengganu had recently agreed to consider dissolving their respective state assemblies in the last two weeks of June. 

For National Council of Professors senior fellow Prof Jeniri Amir, the budget will probably be understood as a presentation of how Putrajaya intends to aid citizens instead of a showy display of election goodies. 

“The focus of the budget is on actions (set to be taken by the government) on how to revive the economy after the Covid-19 pandemic, with an emphasis on reducing the burden faced by the people because of an economic crisis. 

He also labelled the budget as being a “very small factor” towards influencing voter sentiments, saying: “It will take more than the budget to swing voters (towards or away from current state administrations).”

“State elections are still far away...they won’t happen tomorrow or even within the next month,” he added. “Support for the government of the day is not entirely based on the budget alone, as there are various other factors that voters consider when deciding who gets their vote.”

Commenting on several initiatives announced in the budget, Jeniri commended the government for its people-centric narrative, pointing to the planned one-off RM500 injection for Employees Provident Fund members with savings below RM10,000 in their Account 1. 

For National Council of Professors senior fellow Prof Jeniri Amir, Budget 2023 will probably be understood as a presentation of how Putrajaya intends to aid citizens instead of a showy display of election goodies. – Bernama pic, February 26, 2023
For National Council of Professors senior fellow Prof Jeniri Amir, Budget 2023 will probably be understood as a presentation of how Putrajaya intends to aid citizens instead of a showy display of election goodies. – Bernama pic, February 26, 2023

‘Nothing groundbreaking’

Expressing similar sentiments, Universiti Sains Malaysia’s Azmil Tayeb asserted that the subsidy programs outlined in the budget are “nothing groundbreaking” and is unlikely to paint PH in a better light in the eyes of PAS backers in states held by the Perikatan Nasional (PN) component party. 

The political scientist also predicted that the budget will contribute little towards preventing PN from riding on the “green wave” brought about by a surge of support for PAS in northern and east coast states during the recent general election (GE15). 

The scenario, he said, is compounded by how Barisan Nasional (BN) linchpin Umno, which is a member of the federal unity government, appears to not be making inroads on recovering from GE15, which saw the party’s worst electoral performance since its formation.  

“Subsidy programmes, including allocations for ‘wang ihsan’ (compassionate funds) to (PAS-held) Kelantan and Terengganu, are what we typically find in any given budget. 

“It’s highly likely the PN green wave will persist, especially when Umno is still unreformed, which is the reason why many Malay voters chose PN (during GE15).”

Universiti Sains Malaysia’s Azmil Tayeb asserts that the subsidy programs outlined in the budget is nothing groundbreaking and is unlikely to paint Pakatan Harapan in a better light in the eyes of PAS backers in states held by the Perikatan Nasional component party. – @azmiltayeb Instagram pic, February 26, 2023 
Universiti Sains Malaysia’s Azmil Tayeb asserts that the subsidy programs outlined in the budget is nothing groundbreaking and is unlikely to paint Pakatan Harapan in a better light in the eyes of PAS backers in states held by the Perikatan Nasional component party. – @azmiltayeb Instagram pic, February 26, 2023 

Further explanation needed

On the other hand, Nusantara Academy for Strategic Research senior fellow Azmi Hassan said the budget could be utilised to garner voter support if Anwar and his cabinet members are quick to explain its strategies to better citizens’ living conditions. 

Citing the 3.3% inflation rate experienced by the nation, with food-related inflation at a high of 5.8%, Azmi said the people should be informed on how the government intends to reduce the figures to a more “palatable” percentage. 

“On the surface, there is nothing much (to the budget), but we cannot analyse it in further detail, because (Anwar’s) speech only contained the framework (for planned allocations and incentives). 

“(Anwar) and his government backbenchers will now have to explain to the people the details of the budget, especially how it intends to bring down inflation rates. 

“If they manage to do this, then maybe once state elections are upon us, voters will realise that this is the government that they need,” he said, warning that a lack of information dissemination might lead to PN “capitalising” on the dropped ball by labelling Anwar an “incapable” leader. 

Nusantara Academy for Strategic Research senior fellow Azmi Hassan (pic) says Budget 2023 could be utilised to garner voter support if Datuk Seri Anwar Ibrahim and his cabinet members are quick to explain its strategies to better citizens’ living conditions. – Bernama pic, February 26, 2023 
Nusantara Academy for Strategic Research senior fellow Azmi Hassan (pic) says Budget 2023 could be utilised to garner voter support if Datuk Seri Anwar Ibrahim and his cabinet members are quick to explain its strategies to better citizens’ living conditions. – Bernama pic, February 26, 2023 

This year’s budget plan is the unity government’s inaugural fund allocation under Anwar’s leadership, with a total of RM386.14 billion in allocations being revised.

Grants announced during the supply bill’s tabling include financial aid of up to RM2,500 for B40 families and a two-percentage-point tax rebate for the M40.

Other announcements include the introduction of luxury taxes – instead of reimplementing wide, consumer-based taxes such as the goods and services tax – and restructuring of Bumiputera investment organisations, incentives for employers, and development funds for Sabah and Sarawak. – The Vibes, February 26, 2023 

Related News

Malaysia / 5mth

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

Malaysia / 8mth

Madani Economy concept set to have big impact in state polls

Malaysia / 9mth

Hong Kong chief exec’s maiden visit to M’sia poised to boost trade: analyst

Malaysia / 9mth

60% Budget 2023 spending achievable by August: Ahmad Maslan

Malaysia / 9mth

RM188 bil of 2023 budget spent as of June: Anwar

Malaysia / 11mth

Khairy in Bersatu: Perikatan’s good luck charm in S’gor election?

Spotlight

Malaysia

DAP asks Sarawak health minister to account for blown budget

Malaysia

Dewan Negara president Mutang dies

RM100,000 savings requirement for Australia student visa, says report

Malaysia

City Hall marks 28 'high-risk' trees for felling

Malaysia

Sarawak schools can teach in English, says state minister

By Desmond Davidson

Malaysia

Nurul Izzah calls for pressure on Israel, its allies over ‘catastrophe’ in Rafah

You may be interested

Malaysia

Navy copters, crew fit to fly, crash report shows

Malaysia

Sarawak sends rare manuscripts for World Heritage listing

By Stephen Then

Malaysia

Residents start neighbourhood watch after Zayn murder

By Alfian Z.M. Tahir

Malaysia

Dewan Negara president Mutang dies

Malaysia

Malay unity key to nation’s progress and future, says SPCAAM

Malaysia

1MDB, SRC take legal action against Rosmah over US$350 mil luxury goods

Malaysia

DAP asks Sarawak health minister to account for blown budget

Malaysia

Red tape, paperwork delaying many rural projects in Sabah, says Zahid

By Jason Santos