Malaysia Prime Minister Anwar Ibrahim, who is also the country’s Finance Minister, will unveil the Unity Government’s first Budget in parliament. 

The high cost of living, escalating core inflation, and an expectation of slower economic growth this year are the main challenges for the nation.

All eyes are also on whether Anwar will introduce any new policies or measures that will give some insight into Malaysia’s future economic direction.

Shannon Teoh, Malaysia Bureau Chief at The Straits Times shares his insights on what to expect from the 2023 Budget.