Good governance takes precedence in budget

The government also outlined measures to accelerate infrastructure projects, empower public-private partnerships and prioritise the digital agenda.

In line with the visionary Madani framework, Budget 2023 is premised on three main pillars, namely inclusive and sustainable economic growth, institutional reform and good governance and combating inequality through social justice.

For this purpose, a total allocation of RM386.3bil was set aside, of which RM289.3bil was to be used for operating expenditure (OE) while RM97bil would go towards development expenditure (DE).