BUDGET 2023 focuses on all strata of society, Prime Minister Ismail Sabri Yaakob said today.

He said the allocations in the budget were orientated towards meeting the needs of people in both urban and rural areas.

“This budget also focuses on economic recovery and is our preparation to deal with the uncertain economic conditions next year,” he said after the tabling of the Budget in the Dewan Rakyat today.

The budget, which was unveiled by Finance Minister Tengku Zafrul Tengku Abdul Aziz, provides allocations totalling RM372 billion.

Ismail said the budget also gave priority to aspects of development in Sabah and Sarawak.

“Not only rural projects but also for Pan Borneo (Highway) and the like, which were clearly mentioned as specifically for Sabah and Sarawak,” he said.

Sabah and Sarawak will receive RM6.3 billion and RM5.4 billion respectively from Budget 2023, including for infrastructure projects involving water, electricity, roads, healthcare and educational facilities.

Meanwhile, in a Facebook post, he said Budget 2023 is proof of the government’s commitment to offer benefits to Keluarga Malaysia and a manifestation of its efforts to transform the country into a leading nation after weathering various crises and challenges in the past.

He said these persistent efforts would make Malaysia more prosperous and peaceful, with a better quality of life in the coming days. – Bernama, October 7, 2022.