Dewan Rakyat passes Budget 2024

At RM393.8 billion, it is the highest budget ever tabled in Malaysia’s history

9:08 PM MYT

 

KUALA LUMPUR – The Supply Bill 2024 passed in the Dewan Rakyat tonight after receiving the majority support of MPs via a voice vote.

The Bill was passed after being debated by members of Parliament since October 16 at the policy and committee stages.

Dewan Rakyat Speaker Tan Sri Johari Abdul announced the matter after the third reading of the bill by Deputy Finance Minister Datuk Seri Ahmad Maslan.

Budget 2024, themed ‘Economic Reforms, Empowering the Rakyat’, was tabled by Prime Minister Datuk Seri Anwar Ibrahim in Parliament on October 13, involving an allocation of RM393.8 billion, which is the highest budget ever tabled in the history of Malaysia.

From the total, an allocation of RM303.8 billion was for operating expenditure, RM90 billion as development expenditure, while RM2 billion was provided as contingency savings. – November 27, 2023

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