PM says 2024 Budget manifests Unity Govt’s commitment to reduce living costs

KUALA LUMPUR, Oct 14: The Malaysia MADANI Budget 2024 is a manifestation of the government’s continued commitment to reduce the cost of living, increase job opportunities and be more competitive, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, in a Facebook post today, said that the budget, themed ‘Reformasi Ekonomi: Memperkasa Rakyat’ (Economic Reform: Empowering People), also translates the Unity Government’s efforts in supporting a conducive investment climate in a changing global environment.

“The federal government’s 2024 Budget emphasises sustainable and pro-people economic growth, in line with the new economic direction,” he said.

“This budget is a statement of the Unity Government’s commitment to restore the economy in the challenging ‘marcapada’ (today’s world).

“This is the time for us to correct the situation and ensure that every Malaysian can experience happiness and live in peace in this country without ever feeling being left out,” said Anwar.

Also in the post, the Prime Minister shared infographics summarising the essence of the 2024 Budget.

Anwar, when tabling the 2024 Budget in the Dewan Rakyat yesterday, announced an allocation amounting to RM393.8 billion, the highest budget ever presented, outlining three main focuses, namely, Best Governance for Service Agility, Restructuring the Economy to Accelerate Growth and Improve People’s Living Standards.

He said Budget 2024 witnessed an increase in the country’s revenue, following economic and fiscal restructuring, as well as the implementation of taxation reforms and targeted subsidies, which would be best utilised to raise the standard of living of the people.