Budget 2024 to balance growth, debt sustainability

Prime Minister Datuk Seri Anwar Ibrahim, flanked by his deputies, greeting the crowd as he arrives for the Budget 2024 Consultation programme in Putrajaya

PETALING JAYA: Budget 2024 is likely to feature a delicate balancing act by the government between continued economic support while ensuring debt sustainability, says RHB Research.

In a research note yesterday, it said the budget is likely to remain mildly expansionary in nature, with substantial support towards selected priority sectors and continued assistance to ease the financial burdens of the targeted groups.