Budget 2023 will be among the focus for the 15th Malaysian parliament session

KUALA LUMPUR: Before Budget 2023, the first topic to be debate in the Parliament session will be important. The parliment debate under Prime Minister Datuk Seri Anwar Ibrahim’s administration Will be the approval of emoluments for employees.
“Of course, in order to relieve the stress on our public employees. We must first clear the emoluments (for civil personnel) on December 19.

The first session of the 15th Parliament will begin on December 19. “Give us about another month, and we’ll table a new or revised budget. Anwar stated yesterday at his first press conference as prime minister.

Anwar, 75, took the oath of office as the country’s tenth prime minister at Istana Negara from Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah.

Tengku Datuk Seri Zafrul Abdul Aziz, the previous finance minister, presented the budget for 2023 on October 7 with an RM372.3 billion budgetary allocation. Parliament was dissolve on October 10. To make room for the 15th General Election (GE15).

The 2023 mini budget’s main objective is to deal with the urgent problems. Brought on by the rising cost of living and inflation rate.
Tengku Zafrul said even if Budget 2023 is not pass. Parliament can still approve a portion of the budget for the year. In accordance with Article 102(a) of the Federal Constitution.

According to him, this allows the administration to summon a Parliamentary meeting before December 31, 2022. To adopt a portion of the Budget 2023 that has already been present.
“Operations will be effect in January and February. If there is no partial permission. The upkeep of public services, welfare aid, and subsidy distribution still need to be put into action by the government. As a result, the Federal Constitution gives the government the ability to acquire approval.

Meanwhile, Yeah Kim Leng, a professor of economics at Sunway University, stated that the new administration is expected to revise the Budget for 2023. And the midterm review of the 12th Malaysia Plan in order to incorporate as much as practical of Anwar’s coalition campaign promises while accommodating or balancing those put forth earlier.

“It is not advisable to start from scratch,” he continued, “given the tight time frame to adopt the budget by the end of the year or at the latest early next year.”
The administration does, however, have time to create a fresh budget and present it, Tengku Zafrul said. A similar scenario was in 1999.  “This year, the same thing might occur.”