{"id":58722,"date":"2023-09-21T17:44:18","date_gmt":"2023-09-21T09:44:18","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=58722"},"modified":"2023-09-21T17:47:34","modified_gmt":"2023-09-21T09:47:34","slug":"key-issues-budget-2024","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024","title":{"rendered":"Budget 2024 To Clarify Taxation Issues, Targeted Subsidies, And Revenue Strategies – PM"},"content":{"rendered":"

The Prime Minister of Malaysia has stated that Budget 2024 will clarify and address key issues including proposed targeted subsidies for petrol, taxation issues, and revenue strategies.<\/span><\/p>\n

Datuk Seri Anwar Ibrahim had highlighted this during his winding up speech<\/a> for the 12th Malaysia Plan mid-term review. He said that taxation matters will be addressed so that the government will be able to allocate its resources more effectively.<\/span><\/p>\n

Read More: Spending For 12MP To Be Raised By RM15 Billion, GST Might Be Re-Introduced<\/a><\/p>\n

This in turn will help the government reach their target of reducing the country’s fiscal deficit to 5% of gross domestic product (GDP) by 2023.<\/span><\/p>\n

Datuk Seri Anwar Ibrahim stated this in an answer to Datuk Seri Wee Ka Siong, who sought for updates regarding the proposals made to introduce a luxury goods tax and a capital gains tax, while also reimplementing the goods and services tax in an effort to boost national revenue.<\/span><\/p>\n

Since the abolishment of the goods and services tax (GST)<\/a> in 2018, experts have called for its <\/span>reintroduction<\/span><\/a> as it can help replenish Malaysia\u2019s depleted coffers. For a summary on what was the previous government’s policy when GST was implemented in 2015, check out our infographic guide.<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address these key issues around the sources of revenue for the government.<\/p>\n","protected":false},"author":51,"featured_media":58733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,216],"tags":[],"class_list":["post-58722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-updates"],"acf":[],"yoast_head":"\nKey Issues Will Be Addressed In Budget 2024<\/title>\n<meta name=\"description\" content=\"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Issues Will Be Addressed In Budget 2024\" \/>\n<meta property=\"og:description\" content=\"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-21T09:44:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-21T09:47:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1161\" \/>\n\t<meta property=\"og:image:height\" content=\"661\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Haziq Alfian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Haziq Alfian\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024\",\"url\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024\",\"name\":\"Key Issues Will Be Addressed In Budget 2024\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg\",\"datePublished\":\"2023-09-21T09:44:18+00:00\",\"dateModified\":\"2023-09-21T09:47:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a\"},\"description\":\"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage\",\"url\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg\",\"contentUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg\",\"width\":1161,\"height\":661,\"caption\":\"Image source: PMO Facebook\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Budget 2024 To Clarify Taxation Issues, Targeted Subsidies, And Revenue Strategies – PM\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a\",\"name\":\"Haziq Alfian\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4165e8554ae5d986f5bed18bcaa78ba3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4165e8554ae5d986f5bed18bcaa78ba3?s=96&d=mm&r=g\",\"caption\":\"Haziq Alfian\"},\"description\":\"A reader turned writer, Haziq Alfian navigates personal finance, sports, and politics with a practical touch. From money matters to the playing field and political landscapes, Haziq aims at providing you with a grounded, unbiased, and simple look at the daily happenings of the world.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/haziq-alfian\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Key Issues Will Be Addressed In Budget 2024","description":"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024","og_locale":"en_US","og_type":"article","og_title":"Key Issues Will Be Addressed In Budget 2024","og_description":"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.","og_url":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024","og_site_name":"iMoney Malaysia","article_published_time":"2023-09-21T09:44:18+00:00","article_modified_time":"2023-09-21T09:47:34+00:00","og_image":[{"width":1161,"height":661,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg","type":"image\/jpeg"}],"author":"Haziq Alfian","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Haziq Alfian","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024","url":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024","name":"Key Issues Will Be Addressed In Budget 2024","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg","datePublished":"2023-09-21T09:44:18+00:00","dateModified":"2023-09-21T09:47:34+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a"},"description":"Datuk Seri Anwar Ibrahim has stated that Budget 2024 will address key issues including taxation issues and targeted subsidies.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/key-issues-budget-2024"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/09\/21174315\/12MP.jpg","width":1161,"height":661,"caption":"Image source: PMO Facebook"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/key-issues-budget-2024#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"Budget 2024 To Clarify Taxation Issues, Targeted Subsidies, And Revenue Strategies – PM"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a","name":"Haziq Alfian","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4165e8554ae5d986f5bed18bcaa78ba3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4165e8554ae5d986f5bed18bcaa78ba3?s=96&d=mm&r=g","caption":"Haziq Alfian"},"description":"A reader turned writer, Haziq Alfian navigates personal finance, sports, and politics with a practical touch. From money matters to the playing field and political landscapes, Haziq aims at providing you with a grounded, unbiased, and simple look at the daily happenings of the world.","url":"https:\/\/www.imoney.my\/articles\/author\/haziq-alfian"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/58722"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=58722"}],"version-history":[{"count":4,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/58722\/revisions"}],"predecessor-version":[{"id":58735,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/58722\/revisions\/58735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/58733"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=58722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=58722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=58722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}