Budget 2023 expectations

BUDGET 2023 is likely to reflect a bigger federal spending plan as the government aims to insulate the economy from a possible global recession and expedite key reforms.

Several key agendas under Budget 2023 would likely be based on Pakatan Harapan’s shadow budget, which revolved mostly around policies meant to safeguard the country’s recovery from the effects of the Covid-19 pandemic, with coalition leaders hinting at an expansionary budget based on the 2023 budget strategy document.