Budget 2023 set to be tabled 3 weeks earlier, on Oct 7?

Budget 2023 set to be tabled 3 weeks earlier, on Oct 7?

It has been revealed that Budget 2023 (Bajet 2023), which was scheduled in the Parliament calendar for October 28, is now reportedly set to be presented earlier. The Budget is now expected to be tabled by finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz three weeks earlier, on October 7, according to The Star.

The decision to bring forward Budget 2023 was reportedly made at a Cabinet meeting earlier this morning (August 26), with prime minister Datuk Seri Ismail Sabri Yaakob informing the Cabinet of the shift. The move to bring Budget forward is regarded as an indication that the general election could possibly be held soon.

The decision to hold an earlier Budget is being made ahead of a special Umno meeting tomorrow (August 27), where party leaders are expected to push for Parliament to be dissolved as soon as possible, paving the way for elections to be called.

However, the prime minister said that decision to bring forward the tabling of Budget 2023 is not unusual, as it has been done as early as September previously. “This is normal. During Pak Lah’s (former prime minister Tun Abdullah Ahmad Badawi) time, the Budget was tabled in September,” Ismail Sabri said earlier this evening.

Budget 2023 set to be tabled 3 weeks earlier, on Oct 7?

Asked by reporters to confirm the new date, he said to wait for minister in the prime minister’s department (parliament and law), Datuk Seri Dr Wan Junaidi Tuanku Jaafar, to announce it.

Last month, Tengku Zafrul had indicated that Budget 2023 will focus on more sustainable subsidy management and strengthening the country’s resilience against future shocks. From an automotive-related perspective, the biggest news on this front in last year’s Budget was with the tax and duty exemptions announced for electric vehicles (EVs).

Ahead of this year’s edition, what sort of auto-related updates – as well as that for public transport and infrastructure – would you want to see being incorporated in this year’s Budget? Share your thoughts and suggestions with us in the comments section.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • DUMNO on Aug 26, 2022 at 6:33 pm

    “The decision to hold an earlier Budget is being made ahead of a special Umno meeting tomorrow (August 27), where party leaders are expected to push for Parliament to be dissolved as soon as possible, paving the way for elections to be called.”

    The keyword here is UMNO. Follow what UMNO says.

    Like or Dislike: Thumb up 19 Thumb down 1
    • Rakyat Malaysia on Aug 27, 2022 at 2:15 am

      Let’s get it ON!!!
      #BajetKeluargaMalaysia #BetterNation #GE15FTW

      Like or Dislike: Thumb up 36 Thumb down 15
      • Civic Turbo 2018 on Aug 28, 2022 at 10:08 am

        UMNO seperating “Court Cluster” members..
        New LVL of “Clean”/ “Corruption” yet to see

        Like or Dislike: Thumb up 6 Thumb down 0
    • Top Gun Maverick Maimun on Aug 27, 2022 at 12:08 pm

      They say sack AG,maverick Maimun…to follow dumno ?
      Then we will become another Somalia or Sri Lanka or Myanmar.
      Thank God,we have an honest,upright,God fearing Chief Justice.
      This time,kataks cannot jump ship.Once we have PH 2.0,more littoral combat kataks will be apprehended.

      Like or Dislike: Thumb up 20 Thumb down 21
      • Bad enough PH1.0 costed us RM 60 BILLION, say NO TO PH2.0 for the next 60 years unless they they are willing to foot that RM 60 BILLION bill.

        And before you try to justify their act, PH1.0 is being sued by exAG for sacking him along with the sacks of Chief Justice, the top army general, and IGP. PH1.0 had taken all the bad habits of BN1.0 and sped things up by a factor of 60X.

        Like or Dislike: Thumb up 32 Thumb down 19
      • Rakyat Malaysia on Aug 29, 2022 at 12:25 pm

        GE15 we are still waiting for PH 1.0 recycled promises of RM1.50/L petrol, toll abolishment, free healthcare, free ptptn, lower cost of living, lower car prices, high income salaries, no corruption, no court cases, no kleptocracy. 22 months not one fulfilled and we are still waiting…

        B4 PH 2.0 can come in, PH 1.0 please clean up your unfulfilled promises first….

        Like or Dislike: Thumb up 22 Thumb down 6
        • Disagree with you on Aug 29, 2022 at 6:52 pm

          We don’t need to lower car prices as majority malaysian already fed heavy traffic jams and already rejecting to have lower car prices and tax holiday too

          Like or Dislike: Thumb up 8 Thumb down 4
          • Angry Voters on Aug 30, 2022 at 11:17 am

            The point is, PH had promised us that and so many other promises

            Like or Dislike: Thumb up 8 Thumb down 2
      • Copy Paste on Aug 30, 2022 at 10:02 am

        Copy paste edited: “Lol. Just because you can push the like button multiple times and post fake news about BN you think you can influence the media and win GE this time?

        Things don’t work this way my friend.

        You can make the illusion of success but you can’t change the truth.”

        Like or Dislike: Thumb up 11 Thumb down 9
  • dellen on Aug 26, 2022 at 6:40 pm

    implement voluntary scrapping… and if you scrap, govt should give tax exemption for their next car. takkan la only ev get the goodies.

    Like or Dislike: Thumb up 3 Thumb down 11
    • Against SST exemption on Aug 26, 2022 at 7:06 pm

      Government not enough revenue to extend sst exemption for cars. Government needs help for others, not cars again

      Like or Dislike: Thumb up 13 Thumb down 2
    • UMNO Club on Aug 26, 2022 at 9:30 pm

      Government needs money to help free Najib. Cars are not everything, Najib is.

      Like or Dislike: Thumb up 10 Thumb down 20
      • Angry Voters on Aug 27, 2022 at 3:51 pm

        Better UMNO than DAP. Under them we normal rakyat will not be allowed to own cars.
        https://paultan.org/2022/05/31/driving-a-car-in-malaysia-should-be-made-a-luxury-not-a-necessity-says-dap-assemblyman-liew-chin-tong/

        Like or Dislike: Thumb up 29 Thumb down 10
        • Copy Paste on Aug 30, 2022 at 1:19 pm

          Copy paste: “We don’t need to lower car prices as majority malaysian already fed heavy traffic jams and already rejecting to have lower car prices and tax holiday too”

          Like or Dislike: Thumb up 5 Thumb down 0
          • Copy Paste on Aug 30, 2022 at 11:05 pm

            Copy paste: “Are you the same type of entitled primadonna that had bought a car during tax free and now complaining he is angry with the government because he could not make it in time to buy another car tax free?”

            Like or Dislike: Thumb up 1 Thumb down 2
  • Rosmah on Aug 26, 2022 at 6:54 pm

    Also pls tabled a Budget for BN Minister’s wife. I’m sure they deserved more than RM243 Million?

    Like or Dislike: Thumb up 18 Thumb down 6
  • I put no hope on him. He will just like those frogs, only look money. We can know by his move to join umno recently.

    Like or Dislike: Thumb up 17 Thumb down 27
    • Make Merdeka Great Again on Aug 27, 2022 at 9:57 am

      Minister of finance is just senator, not frogs

      Like or Dislike: Thumb up 15 Thumb down 9
    • That’s funny. He is arguably the most qualified FinMin since Tun Tan Siew Sin of MCA and arguably the most cleanest since Tun Hussein Onn of UMNO. His performance at steering the national finances through the pandemic which arguably was the we’d ever faced (even worse than AFC 1998) is remarkable what with other countries have done far worse or went totally bankrupt. Sigh

      I see a serious problem with Malaysians when a capable person whose deeds are well recognised gets tarnished just for joining so-called ‘wrong’ side, while a stump of a wood FinMin from the ‘right’ side gets glorified despite his own court case. This echoes to a certain exPM who, throughout his 22 years in charge, was criticised constantly but put on a pedestal by those same critics when he joined the ‘right’ side. Sigh

      No doubt I’ll bet 100% these same critics of Zafrul will sing his praises if tomorrow he joins the ‘right’ side too. Malaysian politics has a problem and it is not the politicians. Sigh

      Like or Dislike: Thumb up 29 Thumb down 34
  • bunch of conman running the cabinet

    Like or Dislike: Thumb up 23 Thumb down 17
    • Make Merdeka Great Again on Aug 27, 2022 at 9:58 am

      Not all of them

      Like or Dislike: Thumb up 4 Thumb down 0
    • Casual reader on Aug 28, 2022 at 9:11 am

      As opposed to a bunch of cheats, scammers and swindlers that conned us of 22 months?

      Like or Dislike: Thumb up 30 Thumb down 10
      • Alcatraz Ajibkor on Aug 29, 2022 at 3:08 pm

        They conned u 22 months.Dumbo conned u 60 years,n still conning.Which is worst ?22 months or 720 months?

        Like or Dislike: Thumb up 4 Thumb down 8
        • Copy Paste on Aug 30, 2022 at 9:26 am

          Copy paste: “PH1.0 had taken all the bad habits of BN1.0 and sped things up by a factor of 60X.”

          Like or Dislike: Thumb up 7 Thumb down 0
        • Logical Deduction on Aug 30, 2022 at 11:22 am

          BN took 60 year to lose out RM 100 Bil.
          PH took just 22 months to lose out RM 60 Bil.
          If given PH 60 months we will lose RM 163 Bil.

          Which is worse? Lose RM 100 Bil in 60 years or RM 163 Bil in just 60 months?

          Like or Dislike: Thumb up 4 Thumb down 0
  • Early election mean new government so all subsidies will be gone, all crooks will left to lurch, new AG, new COJ, new IGP, new SPRM head, new EV cars for menteris, so on and so fourth..because the next 5 years rakyat cannot do anything

    Like or Dislike: Thumb up 15 Thumb down 13
  • oldies on Aug 27, 2022 at 10:20 am

    RM 1000 one-off grant for repairing classic cars more than 25 years.

    Restored > Scrapped

    Like or Dislike: Thumb up 0 Thumb down 1
  • Robinhood on Aug 29, 2022 at 10:46 am

    Bring down the taxes for all the cars and taxes of those who couldn’t enjoy the fuel subsidy first. Otherwise, kita kasi dia kalah saja lah. Don’t treat the rakyat as small children ok!

    Like or Dislike: Thumb up 0 Thumb down 10
    • P.Alyanna on Aug 29, 2022 at 12:19 pm

      Gotten 2 years of tax free car sales until 500,000 backlog and still demand for lower taxes? Are you the same type of entitled primadonna that had bought a car during tax free and now complaining he is angry with the government because he could not make it in time to buy another car tax free?

      Like or Dislike: Thumb up 8 Thumb down 3
      • You have a point, but I think the original poster was referring to excise duty inclusive and not just the 6% SST. I agree of course the entire excise duty shouldn’t be abolished, aside from the obvious fact that it’s income for the government, our already insane traffic around Klang Valley and Penang and other cities will only become worse.

        Like or Dislike: Thumb up 3 Thumb down 0
  • FrankC on Aug 29, 2022 at 8:15 pm

    Please allocate budget for arm force to do maintenance for their tanks, black hawks, hummer and most important artillery pieces.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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