PIKOM: Allocations for digitalisation, HCD, infrastructure spending under Budget 2023 were underwhelming - SoyaCincau

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PIKOM: Allocations for digitalisation, HCD, infrastructure spending under Budget 2023 were underwhelming - SoyaCincau
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PIKOM applauds the govt for taking steps to address economic uncertainty but it feels a radical plan is needed to accelerate Malaysia's push towards a high-income economy.

) has expressed mixed opinions on the proposed budget and initiatives. While it welcomes relief measures for lower and middle-income groups to cope with rising costs of living amidst a volatile economic landscape, PIKOM feels a more radical plan is needed to accelerate Malaysia’s push towards a high-income economy.

PIKOM Chairman Ong Chin Seong said “We applaud the government for taking steps to address the economic uncertainty that is enveloping the globe, especially for communities most impacted by the rising prices. However, this Budget seems to be a business-as-usual approach in digitalisation and is no game-changer that can spur digital economy growth for the country. This is what is needed as we look to the future.

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