The N$84.6 billion budget for the financial year (FY) 23/24 that was recently tabled by finance minister Iipumbu Shiimi is the largest budget ever tabled by ministry of finance,.
BATU GAJAH: Human Resources Minister V. Sivakumar will meet the Finance Ministry to discuss the details of the allocation for the non-Muslim houses of worship contained in Budget 2023.
Due to the stagnant bond market, the Ministry of Finance (MoF) has proposed a decree amendment to allow enterprises to convert bond payments into assets, including real estate.
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to consolidate further in 2023 to 5.0 per cent of gross domestic product (GDP), falling to RM93.94 billion from RM99.48 billion in 2022.
KUALA LUMPUR: Budget 2023 is revised upward to RM386.1 billion, making it the largest allocation in Malaysia’s history, as the government continues to provide support to steer the economy, according to the Ministry of Finance (MoF).