Highly anticipated budget

The government is likely to introduce a subsidy rationalisation framework in Budget 2024, which will take into account the socioeconomic status of households. — Bloomberg

HOT on the heals of the tabling of the Madani Economy framework in late July, the National Energy Transition Roadmap Part 1 and Part 2 in August, and the New Industrial Master Plan 2030 in early September, the government tabled the 12th Malaysia Plan Mid-Term Review (12MP MTR) early this week.

Next on the agenda is the tabling of Budget 2024 and to say the budget this year will be the “same old, same old” will be an understatement.