Budget 2024 passed the policy stage in Dewan Rakyat

KUALA LUMPUR: The Budget 2024 was passed at the policy stage in the Dewan Rakyat on Thursday(Nov 2).

The government’s spending plan was passed with a voice vote after Prime Minister cum Finance Minister Datuk Seri Anwar Ibrahim (pic) wrapped up his debates.

Over 100 MPs debated the Budget 2024 from Oct 16 to Oct 26.

A total of 85 MPs had debated over matters related to the Finance Ministry.

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The Budget 2024 was tabled for the first reading in the Dewan Rakyat by Deputy Finance Minister Datuk Seri Ahmad Haji Maslan on Oct 10.

It was tabled for the second reading on Oct 13.

Themed "Reformasi Ekonomi, Memperkasakan Rakyat" (Economic Reform, Empowering People), Budget 2024 involves an allocation of RM393.8bil with RM303.8bil for operating expenditure and the remaining RM90bil for development expenditure, with RM2bil in contingency savings.

This is the second budget presented by Anwar, who is also Finance Minister, since the formation of the unity government in November 2022. Last February, Anwar presented a revised budget amounting to RM388.1bil.