Budget 2024 will squeeze middle income Malaysians, says Syed Saddiq

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Budget 2024 will squeeze middle income Malaysians, says Syed Saddiq
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KUALA LUMPUR, Oct 13 — The Budget 2024 will increase the financial pressures on Malaysia’s middle-income group (M40), Malaysian United Democratic Alliance (Muda) president Syed...

Muda president Syed Saddiq Syed Abdul Rahman says the Budget 2024 will increase the financial pressures on Malaysia’s middle-income group. ― Picture by Hari AnggaraKUALA LUMPUR, Oct 13 — The Budget 2024 will increase the financial pressures on Malaysia’s middle-income group , Malaysian United Democratic Alliance president Syed Saddiq Syed Abdul Rahman said.

While the SST increase excludes the food and beverage sector, the Muar MP said the restaurant owners will be affected by purchases of equipment needed to run their businesses. On the issue of wastage, he said the current government leaders appeared to have forgotten their criticism of predecessors for using Toyota Vellfire vehicles in place of Proton models.

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