In Budget 2024, the government proposed a spending plan of 393.8 billion ringgit. Various strategic measures have been proposed, including the introduction of new taxes and a shift from broad subsidies. Datuk Johan Mahmood Merican, Treasury Secretary-General, Ministry of Finance joins us to delve into the specifics of Budget 2024, why was there no petrol subsidy removal yet, and if we are balancing our books like a prudent and financially responsible country should.

Produced by: Moh Heng Ying

Presented by: Philip See

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Categories:  economy,  government

Tags:  petrol subsidies,  fiscal responsibility,  budget 2024,  targeted subsidies,  ministry of finance,