Array
(
    [_edit_lock] => Array
        (
            [0] => 1698927302:21
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 131371
        )

    [_edit_last] => Array
        (
            [0] => 21
        )

    [_post_language] => Array
        (
            [0] => English
        )

    [_molongui_author] => Array
        (
            [0] => guest-115833
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-115833
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:2:{s:14:"td_primary_cat";s:3:"599";s:11:"td_subtitle";s:79:"The budget is the largest in Malaysia’s history, totalling at RM393.8 billion";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_metadesc] => Array
        (
            [0] => Prime Minister Datuk Seri Anwar Ibrahim’s Budget 2024 has sailed through the Dewan Rakyat at the policy stage via a voice vote today. 
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 30
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count] => Array
        (
            [0] => 355
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:3:{s:4:"date";s:10:"1748300783";s:5:"count";i:2;s:14:"per_hour_count";a:1:{i:23;i:2;}}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:3;a:3:{s:4:"date";s:10:"1748519422";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:11;i:1;}}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:3:{s:4:"date";s:10:"1748113815";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:19;i:1;}}i:6;a:3:{s:4:"date";s:10:"1748177751";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:12;i:1;}}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 3
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1748519422
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 5
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
Budget 2024 passes policy stage in Dewan Rakyat | Scoop
Dewan Rakyat Speaker Tan Sri Johari Abdul called for a voice vote after Prime Minister Datuk Seri Anwar Ibrahim completed the Finance Ministry’s winding-up speech on the supply bill. – Info Dept pic, November 2, 2023
News

Budget 2024 passes policy stage in Dewan Rakyat

The budget is the largest in Malaysia’s history, totalling at RM393.8 billion

Main Author Image
Qistina Nadia Dzulqarnain
Updated
8:14 PM MYT

 

KUALA LUMPUR – Prime Minister Datuk Seri Anwar Ibrahim’s Budget 2024 has sailed through the Dewan Rakyat at the policy stage via a voice vote today. 

The RM393.8 billion budget, first tabled in Parliament on October 13 by Anwar, who also serves as finance minister, will go through the committee stage when the Dewan Rakyat session resumes on Monday. 

At around 7pm, Dewan Rakyat Speaker Tan Sri Johari Abdul called for a voice vote after Anwar completed the Finance Ministry’s winding-up speech on the Supply Bill 2024, which lawmakers from both sides of the political aisle have been debating over the last three weeks. 

MPs were heard giving a clear “Setuju!” (agree) when Johari called for the voice vote. 

Opposition lawmaker Datuk Seri Shahidan Kassim (Arau-PN), however, took the time to quip in jest that the speaker should not rush through the vote process, saying: “Don’t go so fast, do it slowly so that it sounds nicer.” 

Johari merely answered: “I want to go break my fast (buka puasa).” 

During the committee stage, MPs will be allowed to scrutinise budget allocations for all ministries before another voting session is held, prior to the supply bill being tabled for the final approval or third reading. 

It will then be tabled in the Dewan Negara before being submitted to the Yang di-Pertuan Agong for the royal assent. 

Themed ‘Economic Reforms, Empowering the People’, Anwar’s supply bill is the biggest budget the nation has seen to this point, with RM303.8 billion for operating expenditures, RM90 billion for development expenditures, and RM2 billion for contingency savings. 

Among the key points in Budget 2024 is that next year’s fiscal deficit is expected to decrease to 4.3% compared to the 5.0% target this year. 

The government will also enforce the new high-value goods tax and the capital gains tax, the latter of which will be implemented for the disposal of unlisted shares by local companies based on the net profit at a rate of 10% from March 1, 2024. – November 2, 2023

Topics

 

◉ Popular

Himpunan Freedom For Palestine dikecam, sebilangan peserta sifatkan tidak capai matlamat

Ada peserta yang mendakwa penganjur turut menggelar mereka yang mengangkat sepanduk mengecam Netanyahu sebagai ‘zionis’.

LGBTQ+ rights advocacy: Somebody else please, not Matty Healy

The troubled lead singer of British rock band The 1975 made global headlines this weekend following his outburst against the country’s laws governing LGBTQ+ activities during a performance at the Good Vibes Festival at the Sepang motorsport circuit on Friday.

Penang lift tragedy: boss to face legal action over worker’s death if OSHA violation found

Penang Department of Occupational Safety and Health (DOSH) director Hairozie Asri said the department investigated the location as soon as they received information about the incident. He said DOSH has also issued an immediate stop work notice pending investigations.

◉ Related

Copyright © 2023. All rights reserved.