Budget 2023: Bankruptcy status of 120,000 insolvents to be lifted


– Bernama

KUALA LUMPUR: The bankruptcy status for 120,000 insolvents will be automatically lifted on March 1, says Datuk Seri Anwar Ibrahim.

The Finance Minister and Prime Minister said this comes in the wake of plans by the government to table amendments to the Insolvency Act to make it easier to lift the bankruptcy status of individuals.

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Anwar Ibrahim , Bankruptcy , Insolvency Act

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