What’s in the RM372.3bil Budget 2023

[superadmin]

PETALING JAYA: Finance Minister Tengku Zafrul Aziz has tabled Budget 2023, announcing an allocation of RM372.3 billion.

This represents a RM40.2 billion increase compared to the RM332.1 billion allocated for 2022.

Around RM272.3 billion has been allocated for operational expenditure and RM95 billion for development.

Here are the highlights of Budget 2023:


Education

• RM55.6 billion allocated for education, the biggest in the budget for a ministry.
  
• RM825 million in early school aid for students, with students receiving RM150 regardless of their parents’ incomes.
  
• RM777 million for supplementary food programme (RMT), benefiting 800,000 students and 7,300 canteen operators.
  
• RM2.3 billion to ensure students have a conducive and safe learning environment.
  
• RM1.1 billion to repair and maintain all schools, including vernacular and religious schools.
  
• RM430 million to construct five new schools in Sabah, Sarawak, Terengganu, Cyberjaya and Selangor.
  
• RM20 million to improve facilities in special needs schools.
  
• RM188 million to set up 10 Kemas daycare centres.
  

- More -