Money for Madani? Anwar Ibrahim’s Budget 2024
MALAYSIA STUDIES PROGRAMME
About the Webinar
Malaysia’s Budget 2024 is the first to truly bear Prime Minister and Finance Minister Anwar Ibrahim’s imprint. The budget tabled on 24 February 2023, just three months after taking power, largely replicated his predecessor’s October 2022 budget, with notable tweaks and some signalling of changes ahead. The budget speech of 13 October 2023 returns to the regular year-end cycle, and follows on Anwar’s policy pronouncements, particularly the Madani Economy – “empowering the rakyat” – launched in July and incorporated into Malaysia’s development planning.
This webinar will address questions arising from the principal accounting function of the federal budget, and the allocations, taxes, incentives, and policies highlighted in the budget speech. How will Budget 2024 address the continuing challenges of generating growth, stewarding public finance, increasing productivity and income, and promoting the energy transition and industrial transformation? How will Budget 2024 ameliorate the rising cost of living, foster equitable distribution, and assist vulnerable groups? In essence, how does Budget 2024 clarify and enable the Madani Economy?
About the Speakers
Wong Chen is the Member of Parliament for Subang. He has helmed Parti Keadilan Rakyat’s Investment and Trade Bureau and Public Policy Bureau, and headed the Opposition Alternative Budget Committee for six years. He currently chairs the Special Select Committee on International Relations & Trade and the All-Party Parliamentary Group Malaysia (APPGM) on Political Financing. He has also served as the Deputy Chairman of the Special Select Committee on Finance and Economy and on the Public Accounts Committee. He holds a law degree from the University of Warwick.
Firdaos Rosli is the Chief Economist at Bank Islam. He previously worked for ten years with the Institute of Strategic & International Studies (ISIS) Malaysia as Senior Analyst (Economics), then joined MARC Ratings as Chief Economist. From 2005 to 2010, Firdaos served with the Malaysian government as an Administrative and Diplomatic Officer under the purview of the Ministry of International Trade and Industry. Firdaos completed his Master of Public Policy from the London School of Economics and Political Science (LSE) and a Bachelor of Arts in Accounting and Finance from Lancaster University.
This webinar will be delivered online entirely. You can join the webinar at the specified date and time using devices (computer, phone, or tablet) with internet connection.
Please register here to receive your unique link for joining the webinar.
If you have questions for the speakers, please key in your questions via the Q&A, stating your name and affiliation. The moderator will field them to the speaker during the Q&A session.