Budget 2023 to focus on post-pandemic economic recovery, Mustapa says


Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed says the government will focus on efforts to revive the country’s economy in Budget 2023, to be tabled on October 7. – The Malaysian Insight file pic, September 25, 2022.

THE government will focus on efforts to revive the country’s economy in Budget 2023, to be tabled on October 7, Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed said.

He said previously, the focus was on health, and as the Covid-19 situation improves, the focus would be on economic recovery.

“The main task of the prime minister and the cabinet is to ensure that inflation is under control and job opportunities continue to be created, and at the same time continue to assist the small and medium enterprises,” he told reporters in Jeli today.

Mustapa, who is also Jeli MP, said the budget is a short-term economic plan that requires transformation.

“We must introduce reform measures. If we continue with the old measures, we will not succeed. We assure you that the government will focus on strengthening the economy so that the people can live comfortably,” he said.

He said the government also wants to create more job opportunities for everyone, including the youth.

“What is important is to ensure our economy grows at 5.6 to 6.4% as targeted,” he added. – Bernama, September 25, 2022.


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