Malaysia unveiled a smaller budget for 2023, prioritising fiscal discipline over expected populist measures, as it warned of a slowdown in the economy from rising global risks.
As part of the urban planning reforms announced by the finance minister Nirmala Sitharaman in this year’s budget, the ministry aims to train 5,000 urban planners in the next five years.
The total capital expenditure for 2021-22 stood at ₹1,14,910 crore of which, ₹75,140 crore was spent on local weapons and systems, said a senior official familiar with development. The rest of the money was spent on weapons from foreign sources, the official added, asking not to be named.