Prime Minister Anwar Ibrahim says Putrajaya will do its best to ensure that the 2024 budget reduces the burdens of the poor and even the M40.
Prime Minister Anwar Ibrahim, who is also finance minister, is set to table the annual budget in the Dewan Rakyat on Friday.
In a Facebook post, Anwar said Putrajaya was expected to spend over RM81 billion on subsidies this year, partly due to the rise in the cost of importing food. “There are concerns that this subsidy rationalisation will cause people’s cost of living to rise. I give my assurance that the unity government will do its best to ensure that the budget for 2024 will reduce the burdens of the poor and even the M40 group,” he said.
In June, Prime Minister Anwar Ibrahim said the government was working on implementing targeted subsidies as soon as possible.
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