Report: Ex-finance minister, MPs ask about Plan B funding for Budget 2023 if Petronas dividend below expected RM35b

Malaysia News News

Report: Ex-finance minister, MPs ask about Plan B funding for Budget 2023 if Petronas dividend below expected RM35b
Malaysia Latest News,Malaysia Headlines
  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

KUALA LUMPUR, Oct 8 — Putrajaya’s ambitious RM372.3 billion proposal for Budget 2023 has made politicians from both Umno and the Opposition sit up and question how it will foot...

KUALA LUMPUR, Oct 8 — Putrajaya’s ambitious RM372.3 billion proposal for Budget 2023 has made politicians from both Umno and the Opposition sit up and question how it will foot the bill if the dividend from main contributor Petronas falls below the expected RM35 billion next year.

Opposition MP Fahmi Fadzil told the Singapore daily that he was concerned about the sustainability of the Malaysian government’s spending on subsidies, particularly for food and cooking oil, noting that they have risen exceptionally in the past few years. “You can tell this is an election budget from the amount of goodies they have given away,” he was quoted as saying.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Westlife returning to Malaysia for two-day concert in FebruaryWestlife returning to Malaysia for two-day concert in FebruaryKUALA LUMPUR, Oct 6 — Popular Irish pop group Westlife will be returning to Kuala Lumpur in February next year as part of their “The Wild Dreams Tour”. Slated for a two-day...
Read more »

Budget 2023 empowers rural families, says ministryBudget 2023 empowers rural families, says ministryKUALA LUMPUR: Budget 2023, which was tabled on Friday (Oct 7), can empower rural families, says Deputy Rural Development Minister Datuk Seri Abdul Rahman Mohamad.
Read more »

Budget 2023: Govt seeks to extend tax deduction on listing expenses for three more yearsBudget 2023: Govt seeks to extend tax deduction on listing expenses for three more yearsKUALA LUMPUR, Oct 8 ― The government has proposed to extend the existing tax deduction of up to RM1.5 million on ACE and LEAP Market listing expenses for three years from the...
Read more »

Azmin Ali urges delay to Parliament dissolution for after-effects of CPTPP to take holdAzmin Ali urges delay to Parliament dissolution for after-effects of CPTPP to take holdKUALA LUMPUR, Oct 6 — Minister of International Trade and Industry (Miti) Datuk Seri Mohamed Azmin Ali urged that efforts to dissolve Parliament be delayed following Malaysia’s...
Read more »

Bursa Malaysia stays higher at mid-morningBursa Malaysia stays higher at mid-morningKUALA LUMPUR, Oct 6 ― Bursa Malaysia stayed higher at mid-morning today, supported by buying interests in selected heavyweights, led by the financial services and industrial...
Read more »



Render Time: 2025-02-21 07:06:57