Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister presented Budget 2024 on 13 October 2023. Based on the Madani Economy : Empowering the People framework which was launched on 27 July 2023, Budget 2024 focused on three (3) key areas:-
- Delivering reforms to enhance governance and public delivery system
- Transforming the economy and businesses
- Elevating the wellbeing of the citizens
In this budget, the total allocation was RM393.8 billion, surpassing the previous Budget 2023 (RM388.1 billion) which was retabled on 24 February 2023. Budget 2024 is the largest budget ever presented – where RM303.8 billion was allocated for operation expenditure and RM90 billion was allocated for development expenditure.
We are delighted to share with you our RSM 2024 Budget Highlights for your reading pleasure.