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Malaysia PM Anwar’s first budget on Friday: Five things to watch out for

Tan Ai Leng

Published Tue, Feb 21, 2023 · 05:50 AM
    • Malaysia Prime Minister Anwar Ibrahim will table the revised Budget 2023 on Friday. The market is hopeful that the unity government's first Budget will provide some fresh leads on the country's future direction.
    • Malaysia Prime Minister Anwar Ibrahim will table the revised Budget 2023 on Friday. The market is hopeful that the unity government's first Budget will provide some fresh leads on the country's future direction. PHOTO: HARIAN METRO

    [KUALA LUMPUR] On Friday (Feb 24), Malaysia Prime Minister Anwar Ibrahim, who is also the finance minister, will unveil the unity government’s first budget in parliament. 

    The high cost of living, escalating core inflation, and an expectation of slower economic growth this year are the main challenges for Malaysia this year. The country is also still recovering from a damaging political crisis that began in 2020 and resulted in the change of two coalition governments and four prime ministers in just three years.

    All eyes are also on whether Anwar will introduce any new policies or measures that will give some insight into Malaysia’s future economic direction.

    MalaysiaAseanAsean BusinessAnwar IbrahimMalaysia economy

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