The Malaysian 2023 Budget, which is themed “Developing Malaysia Madani”, was announced on February 24 by the Minister of Finance, Anwar Ibrahim. The 2023 Budget has a total allocation of RM388.1 billion (an increase of RM15.8 billion, compared to the Malaysian 2022 Budget).
From a business perspective, various measures have been introduced to support micro, small and medium enterprises, including the provision of various financing facilities with a total value of up to RM40 billion.
Read Tricor Taxand's special edition of '2023 Malaysian Budget' outlining the key updates from the Budget and insights from our tax experts.
Should you wish to learn more, register for Tricor Taxand's complimentary webinar on March 9 (Thursday), as tax experts from Tricor, economists, legal professionals, and industry leaders dissect the key proposals of the 2023 Budget and their impact on the economy: https://www.tricorglobal.com/2023-budget-webinar-registration.
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