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Friday, August 26, 2022

Budget 2023 expected to be tabled on Oct 7

 

KUALA LUMPUR: The Budget, scheduled to be tabled on Oct 28, will now be held earlier.

It is now expected to be presented in Dewan Rakyat on Oct 7 - three weeks earlier than scheduled.

The Cabinet, which met on Friday (Aug 26), was informed of the decision by Prime Minister Datuk Seri Ismail Sabri Yaakob.

The decision is regarded as an indication that the general election will be held soon.

Barisan Nasional officials, in reacting to the news, said Parliament could be dissolved after the Budget is tabled.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz will present the Budget after the Dewan starts its next meeting on Oct 3.

Following the Cabinet directive, the next step is to inform Dewan Rakyat Speaker Tan Sri Azhar Azizan Harun, who will need at least 28 days to inform the Members of Parliament of the new date.

More to come

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