Malaysian Budget 2024: record spending plan announced

By Aidan Ormond

With a theme of “Madani Economy: Empowering the People”, the 2024 budget is the largest in Malaysian history at 393.8 billion ringgit. A total of 303.8 billion ringgit has been allocated to operating expenditure and 90 billion ringgit to development expenditure.

CPA Australia’s key takeaways from Malaysian budget 2024 are: 

• government forecasts the economy will…