As finance minister Enoch Godongwana prepares to table his budget, the crusader against red tape appointed by the president last year has lamented the onerous process required for renewing work permits for skilled foreign workers as an impediment to economic growth.
More electric vehicle (EV)-related incentives are expected to be in the revised Budget 2023, which will be tabled on Feb 24, according to International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
The government is looking at policies and programmes that encourage income growth and provide more opportunities to the B40 (or bottom 40%) households to grow their earnings, according to Economy Minister Rafizi Ramli.