BUDGET 2023 is not just a general election goodies but contains effort to elevate the wellbeing of the people and the country, says Information Chief Shahril Hamdan.

It is more comprehensive and almost cover all sectors of the economy.

“It is true that the budget is the largest thus far. The B40 income bracket will benefit from ASB loan at 1.5 per cent to ensure annual profit.

“The youth and e-hailing will also benefit from cash handout, insurance coverage and a more flexible loan agreement for car and food truck purchase.”

The Budget presented by Finance Minister Tengku Zafrul Aziz at the Parliament on October 7 unveiled a whopping RM372.3 billion, where RM95 billion will be allocated for development, the largest ever. According to economists, this will make Malaysia more attractive to foreign investors and the world’s 10 most competitive economy.