Revised Budget To Emphasise On Food Import Bills And Food Security: PM

High food import bills and issues concerning food security are among the topics which have been given emphasis in the revised Budget 2023, according to Prime Minister Datuk Seri Anwar Ibrahim.

It will also focus on efforts to empower the roles of big companies, as well as the small-and-medium industry (SMI) in the country, he said.

“The big companies need to be focused on and be given chances to explore new technologies and digitalisation so as to be more competitive and able to create more job opportunities,” he said. Looking at the current situation post COVID-19, the economic recession in Europe, the impact of the Ukraine-Russia war, it all demands us to be bolder in introducing policies that can benefit us all,” he said.

The Prime Minister said suggestions from stakeholders are invited and will be taken into consideration before the tabling of the revised budget.

“The memorandum received from ACCCIM alone was quite thick, so many issues raised in there, but it really helped us. Even during the recent dialogue, we have taken note of several suggestions.

Anwar is scheduled to table the budget at Parliament on Feb 24 after the earlier budget tabled in October by Datuk Seri Ismail Sabri’s administration became redundant due to the dissolution of parliament.,

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