{"id":54092,"date":"2022-09-28T10:33:05","date_gmt":"2022-09-28T02:33:05","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=54092"},"modified":"2024-12-24T12:36:59","modified_gmt":"2024-12-24T04:36:59","slug":"budget-2022-recap-budget-2023","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023","title":{"rendered":"Budget 2023 Is Coming. Here&#8217;s How Budget 2022 Has Turned Out So Far"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Budget 2023 is set to be <\/span><a href=\"https:\/\/www.theedgemarkets.com\/article\/budget-2023-be-tabled-oct-7-says-wan-junaidi\"><span style=\"font-weight: 400;\">tabled three weeks earlier<\/span><\/a><span style=\"font-weight: 400;\"> than originally planned; which means that it is just around the corner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But before we can have a look at what Budget 2023 might bring, let\u2019s have a recap at what Budget 2022 brought us.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Budget 2022 was tabled on 28 October, 2021, and its theme was \u2018<\/span><b>Keluarga Malaysia, Makmur Sejahtera\u2019<\/b><span style=\"font-weight: 400;\">. This theme was reflected in the objectives of Budget 2022, with the three main objectives being \u2018<\/span><b>Rakyat\u2019s Wellbeing\u2019<\/b><span style=\"font-weight: 400;\">, \u2018<\/span><b>Resilient Businesses\u2019<\/b><span style=\"font-weight: 400;\">, and <\/span><b>\u2018Prosperous and Sustainable Economy\u2019.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The total budget for Budget 2022 is RM332.1 billion, which makes it the biggest budget for Malaysia ever. The previous largest budget for Malaysia was the year prior, in 2021 where the total budget was RM322.5 billion.<\/span><\/p>\n<p>So, did Budget 2022 deliver? Here&#8217;s what we know so far.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rakyats-wellbeing\"><\/span><b>Rakyat\u2019s wellbeing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">True to the spirit of\u00a0 the goverment&#8217;s &#8216;Keluarga Malaysia\u2019 focus, the people of Malaysia were one of the biggest winners from Budget 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Budget 2022, the people of Malaysia received RM8.2 billion in financial aid. This came in the form of several cash handouts being delivered to a wide array of Malaysians, from households, single parents, senior citizens, and even for single unmarried people.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The employment sector also got a much needed boost as Budget 2022 also announced the JaminKerja scheme. This programme aims to provide salary incentive for employers to hire new people and create jobs for Malaysians.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Female empowerment was also blessed by Budget 2022, with several initiatives aiming at increasing the number of female leaders in the boardroom.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But just how well did all these policies work? Well all in all, inflation rose by <\/span><a href=\"https:\/\/www.dosm.gov.my\/v1\/index.php?r=column\/cthemeByCat&amp;cat=106&amp;bul_id=Tm50SFJadXk1SUIveTVXb1JCSTZaUT09&amp;menu_id=bThzTHQxN1ZqMVF6a2I4RkZoNDFkQT09\"><span style=\"font-weight: 400;\">3.4%<\/span><\/a><span style=\"font-weight: 400;\"> by June 2022, which is a 2.8% incline compared to the same quarter from the previous year. The biggest culprit was food inflation which increased 6.1% in the consumer price index, a massive increase from July 2021 where it stood at 1.3%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This calls for better policies in Budget 2023 to help stymie the effects of inflation. Efforts such as <\/span><a href=\"https:\/\/www.freemalaysiatoday.com\/category\/nation\/2022\/09\/06\/ministry-mulling-app-to-channel-targeted-subsidies-says-tengku-zafrul\/\"><span style=\"font-weight: 400;\">targeted subsidies<\/span><\/a><span style=\"font-weight: 400;\"> to replace the current subsidies system that we have right now, or even more handouts to help the people deal with the effects of inflation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the policies drawn by the government in Budget 2022 for the employment sector did provide them with a boost. Unemployment dipped from 4.61% at the end of 2021 to 3.7% in July 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The female empowerment policies also brought some good results. Malaysia now has the highest number of women board members in Asia at 26%, well ahead of the global average of 19.7 percent, according to Deloitte\u2019s <\/span><a href=\"https:\/\/www.nst.com.my\/news\/nation\/2022\/04\/792542\/malaysia-has-highest-percentage-women-board-members-asia\"><span style=\"font-weight: 400;\">Women In The Boardroom Report<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Education\"><\/span><b>Education<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Another big winner from Budget 2022 was the education sector, as Budget 2022 announced plenty of boons for them. In fact, the education sector was the biggest recipient of Budget 2022, with RM52.6 billion allocated for the Ministry of Education and RM14.5 billion for the Ministry of Higher Education.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the highlights for the education sector included a RM150 early school preparation fund for parents, RM1 billion for renovation and repairs of schools and RM400 million for the Supplementary Food Programme (RMT). Another RM6.6 billion was also allocated for initiatives and programmes related to TVET (Technical and Vocational Education and Training).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, even with all these policies introduced, perhaps the education sector needs more allocation to be made available for them in Budget 2023. Reports have come out saying that some public universities in Malaysia are facing <\/span><a href=\"https:\/\/focusmalaysia.my\/more-than-10k-um-seniors-cant-get-lodging-on-campus-say-students\/\"><span style=\"font-weight: 400;\">shortage of accommodation for their students<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Healthcare\"><\/span><b>Healthcare<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In recognition of the fact that Malaysia was still reeling from the effects of the Covid-19 pandemic, the healthcare sector also got a substantial amount of the budget, with RM32.4 billion allocated to them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">RM2 billion went to the Covid-19 vaccination programme, as part of the efforts to ensure that everyone has access to the vaccine. <\/span><span style=\"font-weight: 400;\">Another RM2 billion was also allocated to help procurement of PPEs, health kits and other equipment.<\/span><\/p>\n<p>Health Minister Khairy Jamaluddin has also highlighted earlier that <a href=\"https:\/\/www.malaymail.com\/news\/malaysia\/2022\/08\/15\/khairy-more-funds-for-public-healthcare-needed-in-line-with-whos-benchmark-of-4-5pc\/22892\" target=\"_blank\" rel=\"noopener\">Malaysia&#8217;s public health spending is only 2.59%<\/a> of the country&#8217;s GDP (gross domestic product) despite the added allocations for fighting the Covid-19 pandemic in recent years. He added that the World Health Organisation&#8217;s recommended benchmark is between 4% to 5%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tax-relief-and-expanding-the-tax-base\"><\/span><b>Tax relief and expanding the tax base<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Reflecting the Budget\u2019s objective of building a prosperous and sustainable economy, Budget 2022 also announced a host of tax reliefs while also expanding the tax base to ensure that the economy is as sustainable as ever.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Adding to some of the already existing tax relief such as the SOCSO tax relief, EPF contributions, upskilling courses, electronics, and domestic travel among others. The Malaysian government tried to expand the tax base by introducing new taxes such as the expansion of excise duties to cover premixes and e-cigarettes \/ vape products.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the tax base was expanded by implementing a new tax on low value goods entering Malaysia via air courier <\/span><a href=\"https:\/\/www.thesundaily.my\/business\/imported-goods-below-rm500-bought-online-to-be-taxed-starting-2023-LX9321827\"><span style=\"font-weight: 400;\">which was set at 10%<\/span><\/a><span style=\"font-weight: 400;\"> and service tax on delivery services, including for e-commerce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it seems like more needs to be done. According to a <a href=\"https:\/\/www.ceicdata.com\/en\/indicator\/malaysia\/tax-revenue--of-gdp#:~:text=Malaysia%20Tax%20revenue%3A%20%25%20of%20GDP%20was%20reported%20at%2011.4%20%25,Mar%202022%2C%20with%20125%20observations.\" target=\"_blank\" rel=\"noopener\">report<\/a> from the CEIC, 11.4% of the Malaysian GDP was from tax revenue in March 2022, which is a sharp decrease from December 2021, where it was recorded at 16.3%.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"SME-entrepreneurs\"><\/span><b>SME &amp; entrepreneurs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">And last but not least, Budget 2022 also pressed the need to build towards resilient businesses; which can be seen with the initiatives for small and medium enterprises (SME) and entrepreneurs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Budget 2022, the government allocated RM40 billion for the SemarakNiaga Programme, a funding initiative to help new businesses. Budget 2022 also allocated RM14.2 billion to support the growth of SMEs, and RM10 billion for additional warranty limits for Syarikat Jaminan Pembiayaan Perniagaan. Another RM2 billion was to attract foreign investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The government also introduced a micro credit scheme in Budget 2022. This initiative aimed to help micro enterprises to sustain their business operations and gradually enhance their productivity. This includes informal and micro financial scheme which allows small businesses to make small loans up to RM10,000 from Tekun Nasional, or up to RM75,000 with 0% interest from AgroBank and Bank Simpanan Nasional (BSN).<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats-next-for-Budget-2023\"><\/span><b>What&#8217;s next for Budget 2023?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">All in all, although Budget 2022 did not see major announcements, it did signify the government\u2019s efforts and willingness to address the problems that were plaguing the Malaysian economy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hopefully, that level of willingness can be seen in Budget 2023 as well, as the Malaysian government works to improve the Malaysian economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the <a href=\"https:\/\/www.mof.gov.my\/portal\/pdf\/siaran-media\/Pre-Budget-Statement-2023.pdf\" target=\"_blank\" rel=\"noopener\">Pre-Budget statement<\/a> released from the Ministry of Finance, the themes of Budget 2023 will be <\/span><b>Strengthening Recovery<\/b><span style=\"font-weight: 400;\">, <\/span><b>Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What will that entail? Some key talking points that have emerged from the Finance Ministry in recent months include <a href=\"https:\/\/themalaysianreserve.com\/2022\/09\/13\/govt-looking-to-expand-tax-base-in-budget-2023\/\" target=\"_blank\" rel=\"noopener\">widening the tax base<\/a>, providing <a href=\"https:\/\/www.mof.gov.my\/portal\/en\/news\/press-citations\/budget-2023-to-focus-on-sustainable-subsidies-boosting-country-s-resilience-tengku-zafrul\" target=\"_blank\" rel=\"noopener\">sustainable subsidies<\/a> especially to address the rising commodity and food prices, <a href=\"https:\/\/ciosea.economictimes.indiatimes.com\/news\/policy\/malaysia-budget-2023-to-focus-on-automation-digital-technology\/94291081\" target=\"_blank\" rel=\"noopener\">strengthening automation and digitalisation<\/a> initiatives as well as looking towards <a href=\"https:\/\/www.freemalaysiatoday.com\/category\/nation\/2022\/09\/20\/budget-2023-to-prioritise-environmental-sustainability-says-tengku-zafrul\/\" target=\"_blank\" rel=\"noopener\">environmental sustainability<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, we\u2019ll just have to wait and see how these expectations pan out on Budget Day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"block\"><div>For more coverage on Budget 2023, visit this page right <a href=\"https:\/\/www.imoney.my\/articles\/category\/budget-2023\" target=\"_blank\" rel=\"noopener\">here<\/a>!<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Budget 2023 looming, let\u2019s have a quick look at what Budget 2022 brought us, and how it turned out.<\/p>\n","protected":false},"author":51,"featured_media":54093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[888,1026],"tags":[],"class_list":["post-54092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budget-2022","category-budget-2023"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recap Of Budget 2022 Highlights Before Budget 2023<\/title>\n<meta name=\"description\" content=\"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.\" \/>\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\/budget-2022-recap-budget-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recap Of Budget 2022 Highlights Before Budget 2023\" \/>\n<meta property=\"og:description\" content=\"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T02:33:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-24T04:36:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\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=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023\"},\"author\":{\"name\":\"Haziq Alfian\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/c8b6d65e0078bab2c19286b8db39547a\"},\"headline\":\"Budget 2023 Is Coming. Here&#8217;s How Budget 2022 Has Turned Out So Far\",\"datePublished\":\"2022-09-28T02:33:05+00:00\",\"dateModified\":\"2024-12-24T04:36:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023\"},\"wordCount\":1151,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/27143530\\\/pexels-zukiman-mohamad-88214_1200x628.jpg\",\"articleSection\":[\"Budget 2022\",\"Budget 2023\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023\",\"name\":\"Recap Of Budget 2022 Highlights Before Budget 2023\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/27143530\\\/pexels-zukiman-mohamad-88214_1200x628.jpg\",\"datePublished\":\"2022-09-28T02:33:05+00:00\",\"dateModified\":\"2024-12-24T04:36:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/c8b6d65e0078bab2c19286b8db39547a\"},\"description\":\"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#primaryimage\",\"url\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/27143530\\\/pexels-zukiman-mohamad-88214_1200x628.jpg\",\"contentUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/27143530\\\/pexels-zukiman-mohamad-88214_1200x628.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/budget-2022-recap-budget-2023#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Budget 2022\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/category\\\/budget-2022\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Budget 2023 Is Coming. Here&#8217;s How Budget 2022 Has Turned Out So Far\"}]},{\"@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:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?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":"Recap Of Budget 2022 Highlights Before Budget 2023","description":"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.","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\/budget-2022-recap-budget-2023","og_locale":"en_US","og_type":"article","og_title":"Recap Of Budget 2022 Highlights Before Budget 2023","og_description":"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.","og_url":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023","og_site_name":"iMoney Malaysia","article_published_time":"2022-09-28T02:33:05+00:00","article_modified_time":"2024-12-24T04:36:59+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg","type":"image\/jpeg"}],"author":"Haziq Alfian","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Haziq Alfian","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#article","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023"},"author":{"name":"Haziq Alfian","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a"},"headline":"Budget 2023 Is Coming. Here&#8217;s How Budget 2022 Has Turned Out So Far","datePublished":"2022-09-28T02:33:05+00:00","dateModified":"2024-12-24T04:36:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023"},"wordCount":1151,"commentCount":0,"image":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg","articleSection":["Budget 2022","Budget 2023"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023","url":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023","name":"Recap Of Budget 2022 Highlights Before Budget 2023","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg","datePublished":"2022-09-28T02:33:05+00:00","dateModified":"2024-12-24T04:36:59+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/c8b6d65e0078bab2c19286b8db39547a"},"description":"Budget 2023 is set to be tabled three weeks early on 7 October. But before that, we have one last look at the highlights of Budget 2022, and how it turned out.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/09\/27143530\/pexels-zukiman-mohamad-88214_1200x628.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/budget-2022-recap-budget-2023#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Budget 2022","item":"https:\/\/www.imoney.my\/articles\/category\/budget-2022"},{"@type":"ListItem","position":3,"name":"Budget 2023 Is Coming. Here&#8217;s How Budget 2022 Has Turned Out So Far"}]},{"@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:\/\/secure.gravatar.com\/avatar\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/eaeaa191dc19ba7f00f54d7d1cf9dc7590a4a8743a7fd7ed950e0f63656ce8e2?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\/54092","targetHints":{"allow":["GET"]}}],"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=54092"}],"version-history":[{"count":11,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/54092\/revisions"}],"predecessor-version":[{"id":66468,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/54092\/revisions\/66468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/54093"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=54092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=54092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=54092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}