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Here Are 11 Highlights From #Budget2023 & How They May Benefit You
The total allocation for next year's federal budget is the highest in history with a value of RM372.3 billion.
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#Budget2023: RM102 Million Allocated To Digital Content Fund To Market Creative Works
The government also agreed to exempt import duty and sales tax on studio equipment and filming productions.
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#Budget2023: RM11 Million Allocated To Encourage Breast Cancer & Cervical Cancer Screening
The Ministry of Health (MOH) will receive a total allocation of RM36.1 billion.
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#Budget2023: RM73 Million Allocated For Strengthening Cybersecurity & Combat Rise In Scams
The government will also be taking measures to implement an official platform where Malaysians can report any online scams they may encounter.
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#Budget2023: M'sians To Get RM100 Vouchers & Discounts For Travel & Accommodation Expenses
The discounts and issuance of the vouchers are meant to help boost domestic tourism.
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#Budget2023: RM15 Billion For Flood Mitigation Initiatives
RM2 billion to be allocated to build retention ponds.
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#Budget2023: PTPTN Holders To Receive 15% To 20% Discounts Upon Payment Of Loans
The discounts will only be applicable from 1 November to 30 April 2023.
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#Budget2023: RM3.8 Billion Allocated For Scholarships & Study Loans
Living allowances for MARA and PETRONAS students have also been increased.
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#Budget2023: Voluntary EPF Contribution Cap Increased To RM100,000
It's currently at RM60,000 a year.
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#Budget2023: Malaysian Youth Aged Between 18 And 20 To Receive RM200 E-Wallet Credit
Malaysian students above the age of 21 will also benefit from this initiative.
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#Budget2023: M40 Individuals To Receive RM100 E-Wallet Credit Under E-Pemula Initiative
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said this is to promote cashless transactions.
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#Budget2023: RM8 Million Allocated To Help Domestic Violence Victims
'Gender focal teams' will also be introduced to every ministry and government agency to combat all forms of sexual harassment.
Results for #policy