Education

RM55.6 billion allocated for education, the biggest in the budget for a ministry.

All students will receive RM150 in education aid regardless of their parents incomes.

RM825 million for aid for students.

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.

Development

RM1.5 billion for sustainable development.

RM562 million to implement the Sabo dam project.

RM510 million to improve road infrastructure to Pengerang.

Pan Borneo Highway to be completed by 2024.

RM11.4 billion for maintenance and repair of existing government buildings.

RM5.2 billion for maintenance of state roads.

RM150 million for the development of border towns near Thailand and Kalimantan.

RM3.7 billion for small and medium projects across the nation.

RM500 million on G1-G4 infrastructure projects.

Social Welfare

In total, Putrajaya will spend RM10 billion in welfare and Bantuan Keluarga Malaysia (BKM) aid.

RM2.5 billion in welfare aid benefiting 450,000 households.

RM2,500 in BKM aid for households earning less than RM2,500 monthly.

Up to RM1,250 BKM aid for singles and RM3,000 for single parents.

One-off RM500 incentive for female BKM recipients who give birth in 2023.

RM7.8 billion for BKM which will benefit 8.7 million people.

RM1 billion in welfare aid for the elderly.

RM1.2 billion to support disabled people to be financially independent.

RM10 million in e-hailing vouchers for the disabled.

RM8 million for social support centres.

Security

RM431 million to procure new assets for the police.

RM42 million to upgrade police quarters.

RM118 million for the maintenance of armed forces homes.

RM28 million to upgrade prison staff quarters.

RM73 million to enhance cybersecurity.

The government will set up a national scam response centre.

Health

RM11 million for subsidies for mammograms and cervical cancer screening.

RM20 million to promote Malaysia as a medical tourism destination.

RM36.1 billion for the health ministry.

RM4.9 billion for public healthcare.

RM420 million to repair dilapidated hospitals and clinics.

RM1.8 billion to purchase new equipment for hospitals and clinics.

The government will set up a mental health centre of excellence.

RM10 million to purchase 3D printing machines for dental health services.

Allocations to treat rare diseases increased to RM25 million.

RM80 million for Socso health screening programme.

RM15 million for Agenda Nasional Malaysia Sihat programme to encourage healthier lifestyles.

Economy

RM235 million to support the development of female entrepreneurs.

RM50 million for young trader scheme under Bank Simpanan Nasional.

2% reduction in income tax of micro SME operators.

One-off RM1 billion grant to all registered MSMEs and taxi drivers. To benefit one million recipients.

RM45 billion Semarak Niaga funds for entrepreneurs.

RM10 billion in funds from Bank Negara Malaysia (BNM) to automate and digitise SMEs.

RM200 million to boost income and productivity of smallholders.

GLCs and GLICs to invest up to RM50 billion in 2023.

Employees Provident Fund (EPF) to invest RM45 billion in the domestic market.

The government will provide incentives for multinational companies to establish operations in Malaysia.

RM100 million to support development of local technology companies.

RM10 million in matching grants allocated to help SMEs.

RM800 million to provide RM100 e-wallet credit for 8 million people in the M40.

Civil service

RM100 subsidy for civil servants for insurance coverage.

RM100 increment for all civil servants between Grade 11 to Grade 56.

One-off RM700 special aid for 1.3 million civil servants under Grade 56.

RM350 one-off aid for one million retired civil servants.

Aidilfitri aid for civil servants increased to RM600.

Special leave for over 500,000 teachers.

Higher education

RM15.1 billion allocated for the higher education ministry.

RM3.8 billion for scholarships and education loans.

RM6.6 billion for Bumiputera education loans.

RM6.7 billion for TVET training and education.

RM180 million to fund TVET training, benefitting 13,000 trainees.

Up to 20% discounts for PTPTN repayments from Nov 1 to April 30, 2023.

Environment

RM15 billion for flood mitigation initiatives.

RM2 billion to build retention ponds.

RM500 million to widen rivers in Kelantan.

RM20 million in grants for community associations to assist in natural disasters.

RM3 billion for Green Technology Financing Scheme (GTFS).

RM150 million from Khazanah Nasional Berhad to support development of green projects.

RM165 million for Tenaga Nasional Berhad (TNB) to set up solar rooftops and EV charging stations.

Carbon tax to be introduced.

100 million trees to be planted by 2025.

The government will step up forest restoration projects.

RM100 million for ecological fiscal transfer (EFT).

RM36 million to support conservation of elephants and other endangered species.

RM216 million to clean rivers nationwide.

Job creation and community support

The MyStep programme will provide 50,000 jobs including 15,000 in the public sector and 35,000 in government-linked companies (GLCs).

RM750 million to upskill 800,000 workers.

RM100 million for Mitra to develop entrepreneurs.

Socso to provide incentives for employers to hire the disabled, Orang Asli, ex-convicts and women returning to work. The incentive worth up to RM750 a month will be given for three months per employee.

Socso will provide incentives for employers to hire jobless youths.

RM50 million to boost Bumiputera commercial property ownership.

RM20 million to set up new urban transformation centres (UTC).

RM11 million on mobile bank initiatives.

RM63 million for development of human capital.

Sabah and Sarawak

RM1.2 billion to improve the infrastructure in dilapidated schools in Sabah and Sarawak.

RM209 million to subsidise air travel to rural areas in Sabah and Sarawak.

RM11.7 billion for Sabah and Sarawak.

RM1.5 billion to improve transport infrastructure in Sabah and Sarawak.

RM100 million to improve the water supply system in Sarawak.

RM250 million for expansion of the Sepanggar bay port.

Taxes

Personal income tax reduced by 2% for those earning between RM50,001 to RM100,000. This will benefit over one million people in the M40.

Tax rates for those in the RM250,001 to RM400,000 and the RM400,001 to RM600,000 taxable income brackets will both be standardised to 25% next year. Those earning between RM250,001 to RM400,000 per year are currently paying a tax rate of 24.5%.

Income tax exemptions of up to RM3,000 for Tadika and daycare fees.

Tax incentives to attract investors.

Government reiterates implementation of Tax Identification Number to widen tax base.

Tax incentives for local pharmaceutical companies will be extended.

Tax incentives and RM50 million to support development of aerospace components.

The government will provide special incentives for investors in the chemical and petrol chemical industry.

Import duties and sales tax exemptions for the purchase of film equipment.

Tax incentives for NGOs involved in sports at the grassroots level.

Tax incentives for green initiatives extended to Dec 31, 2025.

100% income tax exemption for manufacturers of EV charging parts.

Additional tax deductions for employers who hire former residents of juvenile institutions.

Government to introduce qualified domestic minimum top-up tax.

Tourism

RM200 million to promote tourism recovery.

RM90 million in grants to promote tourism activities.

New chartered flights to and from East Asia and the Middle East.

RM10 million to promote eco-tourism.

RM25 million in incentives to promote domestic tourism.

RM500 million in tourism financing from BNM.

RM10 million for the ThinkCity initiative in Kuala Lumpur.

Arts and Culture

RM50 million to support the local film industry.

RM102 million to support local artists.

RM5 million to strengthen national language programmes.

RM10 million to support preservation of local languages and cultures.

Commodities

RM200 million to subsidise the logistic cost for the distribution of essential goods.

The government will hold Keluarga Malaysia sales offering essential items at more affordable prices.

The government will continue measures to combat the illicit cigarette trade.

RM20 million in matching grants to support development of local products.

RM10 million to support the made in Malaysia campaign.

RM92 million for development of the halal industry.

Approved permit fees for import of EVs extended to Dec 31 next year.

Agriculture

RM1.8 billion in subsidies for farmers and fishermen.

RM228 million in aid for padi farmers. This will benefit 240,000 people.

The government will introduce an agriculture protection scheme.

RM1 billion to fund agrofood programmes.

RM56 million to support sustainable farming.

RM315 million to rubber planting programmes.

RM40 million to encourage small holders to diversify their crops.

RM70 million to support the Malaysian Sustainable Palm Oil (MSPO) certification programme.

The government will support automation initiatives in the plantation sector.

Defence

RM17.4 billion for the defence ministry, including RM4 billion for the purchase of new military assets.

RM485 million for the maintenance of all MMEA ships and boats.

RM330 million for EV infrastructure.

Transport

RM180 million to improve bus services in Melaka, Kedah, Kota Kinabalu and Kuching.

Continuation of My50 RapidKL monthly pass to benefit 180,000 users.

RM16.5 billion for major transport infrastructure projects.

RM50.2 billion for the MRT3 project.

Housing

Stamp duty discounts of up to 75% for houses worth between RM500,000 to RM1 million.

RM10 stamp duty for properties transferred between family members.

RM367 million to build people’s housing projects (PPRs), to benefit 12,400 new residents.

RM3 billion for housing credit guarantees.

RM40 electric bill subsidy to be extended.

Digital connectivity

RM25 million for development of digital hubs and alternative data centres.

RM8 billion for Phase 2 of the Jendela project.

RM1.3 billion for Digital Nasional Berhad (DNB) to increase 5G internet coverage nationwide.

Youth and sports

RM305 million in loans for youths to start businesses.

The government will introduce a special internet package for youths at RM30 for three months.

RM400 million to continue the e-Pemula scheme, which will benefit two million youths aged 18 to 20.

The government will bear the costs of e-hailing, taxi, and motorcycle licences for youths.

RM145 million to improve sporting infrastructure nationwide.

RM154 million to develop the local sporting ecosystem.

RM20 million to develop a drag race circuit.

RM13 million to develop e-sports.

RM12 million to support disabled athletes.

Rural communities

RM305 million for the Orang Asli community.

RM2.6 billion for Felda, Felcra and Risda.

RM472 million to improve rural electricity infrastructure.

RM54 million to build 85 new bridges in rural areas.

Disaster management

RM256 million in monsoon aid.

Over 400 million in allocation for Nadma.

Women and children

RM50 million to support development of female contractors.

RM120 million for Kasih Suri Keluarga Malaysia programme, benefiting 200,000 housewives.

RM188 million to set up 10 Kemas daycare centres.

Others

RM1.5 billion for Islamic development.

RM150 million for the maintenance and repairs for educational facilities under Jakim.

RM364 million for research and development for higher education as well as science, technology and innovation ministry.

Voluntary EPF contributions raised from RM60,000 to RM100,000 a year.

RM21 million in grants for operators of welfare homes.

RM30 million to improve I-Saraan programme that will benefit 100,000 people.

All self-employed people will be required to contribute to Socso from next year onwards.

Limits for ASB and ASB2 savings increase to RM300,000.

Government to provide incentives to establish more daycare centres for the disabled.

RM1 billion for the maritime and logistic industry.

The government will introduce e-invoice similar to initiatives in France and Brazil.

RM80 million for the PEKA B40 programme.

RM734 million for MySalam programme. This will benefit 1.5 million people from the B40 group.

Petronas will contribute RM2 billion to the National Trust Fund (KWAN).

The government will table a consumer credit bill in the second quarter of 2023.

This post has been edited by sp6068: Oct 7 2022, 09:53 PM

Can summarize the summary?

Cukur gov masih kaya still can give a lot...owai

got any summary of the summary?

tldr

B40 happy, T20 diabaikan?

summerize it times 5 pls.

This summary is too long

Shite budget for T20

Hoorey asb 300k

Lap uuuhh

say key point but TLDR

Why ministry of finance more bajet than ministry of education & health?

They didnt do shit also, jihad gang produce no result, MYR still laosai

Buang masa

M40 finally dapat gula gula

Anything for T20 except for tax reduction?

Tldr m40 get tm 100 ewallet topkek

📍 Bajet 2023: Pengecualian cukai untuk wanita, ke atas pendapatan yang diterima taksiran 2023 sehingga 2028, untuk mengalakkan lebih ramai wanita kembali bekerja setelah tempoh ‘career break’.

Wonder whats the t&c.
How long is the career break, what salary range

T20 where got tax reduction? I only see increment.

Unless u consider below RM100k T20

Damn ayam miss that 100k cap
💩💩💩

I have nothing😡

Thank you T20, please work harder next year for us to whack you and feed the b40. We don't need your vote to secure majority in parliament

Bajet 2023 peruntuk RM272.3 bilion bagi Belanja Mengurus, RM95 bilion bagi pembangunan, RM5 bilion di bawah Kumpulan Wang COVID-19 dan RM2 bilion sebagai Simpanan Luar Jangka

why budget on mengurus is 3X of development fund.
KNN

Bajet 2023: Bagi isi rumah sehingga empat anak, layak terima BKM antara RM1,000 hingga RM2,000


-> Anak tu rezeki

RM73 million to improve Malaysia's cybersecurity by strengthening monitoring, detection and reporting of threats, as well as building cyber forensic system capabilities

^Not gonna be enough when we're spending 200mil on apps like mysejahtera

Billion here, billion there, pocket few million also no one bats an eye

T20 got nothing


as usual

Bajet 2023: SC akan perkenal program latihan khas tingkat kemahiran wanita untuk tambah bilangan wanita yang layak dilantik sebagai ahli lembaga pengarah

Bajet 2023: Pengecualian cukai untuk wanita, ke atas pendapatan yang diterima taksiran 2023 sehingga 2028, untuk mengalakkan lebih ramai wanita kembali bekerja setelah tempoh ‘career break’.

^ what a joke. gomen allows a company/workforce of 100% male, purposely not hiring woman, then come out to promote women rights.

no fund for better internet and digital connectivity?

This post has been edited by Skylinestar: Oct 7 2022, 06:56 PM

How where when..
Finally got something

tldr ktard 20k get nothing lel

In a nutshell:

Tutup tered and work harder. You are on your own.
Like pipu said, if you are born poor its not your fault, if you die poor, its your own fault.

Higher development expenditure. Looks like the mega projects are back.

more money to the robbers pockets

This is bs budget for cybersecurity

M20 means earn how muhc

Mintak infografik. Aku ni kalau membaca memang susah sikit

too long give me the top 5.

How to get that rm100 e wallet ?

Free petrol for all Malaysian citizen for 2923.

still need to pass by dwn raykat kan?

if parlimen bubar next week, moot?

but likely not bubar la, need to give gula2 1st, then can use as political bullet point

Mana defense budget?
Keciann.. pakai sampan ajer lar jawapnya our navy.

After LCS, mindef become black sheep

No budget for cheaper intehnet?

Hopeless for defence.

Msia defence budget = New Zealands defence budget.

Philippines defence budget is now larger than that of Msia.

https://www.janes.com/defence-news/news-det...%20the%20PHP221.

This post has been edited by Mai189: Oct 7 2022, 08:47 PM

The so called key point seem like the entire bajet

This budget is for goverment servant benefits the most

every year almost the same
tidor awal lah

Budget here n there

This month expenses also I have to budget

RM50 to buy groceries

Summary of Badjet: Malaysia will be RM300 billion more in debt

Rm17.5b allocated for mindef. That's like 1% of our gdp. Singapore mindef allocation is 3% of gdp. Then later complain china harrasing when mindef allocation is so low.

majority won't know how to claim, hence songlap time

Updated with breakdown of each sectors

Pong Pang pong Pang with numbers.
But during implementation asal mintak allocated amounts kerajaan takda duit.

75% stamp duty

only for houses that purchased this year?

Parking to read later

Songlap infested budget.. Repair existing gov building also need billions....

Well quite true

fuck this budget mofo

For having knitted many sweater & socks for the cats & for having made many trips to the mamak stall during working hours, we hereby honour these achievements by giving more goodies to civil servants.

gg MYR....no new solid development plan for their ppl & economic....so sad

Foreveralone can get 350.
Where to apply?

mean 1 school cost 80 million? Inside got swimming pool is it?

You gaise.seriously hopping this sohai fm can come out with solid plan?

You forgot last time one laptop 30k?
This is how they ulteliz the Budget.

And jamuan twice a week in education minister office.

Not sure how they fund the budget.

But so far i feel this is quite a fair and equitable budget that target income class instead of focusing race based.

Unlocking additional productivity from female workforce participation and large allocation for education are all right strategy in theory.

Just hope it is executed well and no songlap

This post has been edited by ChAOoz: Oct 7 2022, 10:30 PM

Need to give banker some credit on this.

Seemed progressive and should be a budget well accepted by international community.

i tell myself just feed these fucks for 10 more years

then i'll just stop and join the free loaders, or yeet myself out of here if i make enough

says there only RM4bil for new military procurements
we already know there's an ongoing arty SPH tender procurement going on at the moment (thanks rafizi), not sure if this particular procurement is going to use 2023 budget or the fund was already set aside during 2022 budget, but anyway this SPH deal supposedly gonna cost RM854m ( )
if we assume the arty SPH also going to use this new budget, then we only have around RM3bil left for other procurement
the next crucial procurement would be the navy ships and air force LCA, wonder which side will get their toy wish list fulfilled first

that army SPH tender should not be a priority imo wtf are the mindef people thinking.. those funds should be given to either airforce or navy, both have even more pressing needs and in dire state than the army.

Wtf!
Use EPF money to invest in shit bursa?! Our money zafool use and clam credit ! Kan ccb!

I don see why the religion department need to be included in the budget. I thought budget should be for country development? What religion going to do with that again?

Ada la dkt bwh tu. Mmula2 pun aku igt takde.. Dpt la hmpir 21bil ntk defense.. Ratus juta ntk maintain kapal2 lama..

I don't agree with tax incentives for pharma company. Already big profit DLLM still need incentive.
Pharmaniaga already sole sinovac supplier sole distri for tons of drugs to hospital, sole agency Monopoly for supply to gov hospitals, yet still need tax incentives???? Monopoly+ crazy profit still need tongkat ?? Madafaker is payback time la

where the hell they getting all this money from

so much money, they better show result

A bit conservative although not too cautious budget from a top view, with lower overall gross amount as compared to last year. Quantum for development reduces but higher in percentage shows bullish outlook but moderately positive. Lower targeted deficit should to some extent improves investors confidence in management of overall debt. Just my 2 cents.

1/6 of budget was funded from NOC hopefully reducing impact of lowering tax base. Need full comparison with previous year's budget for a better understanding when thin slicing the budget.

Subsidized for B60, M40 all reduced . But T20 got almost double benefits from Gov's expenditure which increase 100% from last year.

RM1.5 billion for Islamic development.

what???

for jakim, must up from PH gave 1bil coz erection coming soon

Parking

Thanks TS

No MRT 3?

last time a chinese sjk cost 6 million ringgit to build

Basically, malaysian economy is the capable, productive, progressive pipul giving money to the poor, unproductive but keeps breeding pipul who knows prolly only relijen but nuthing else.