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Malaysia unveils expansionary budget for 2024 to strengthen economy

KUALA LUMPUR, Oct. 13 (Xinhua) — Malaysia unveiled an expansionary national budget for 2024 on Friday as the government seeks to strengthen the economy and ease the cost of living.

The allocation for the coming year will be a total of 393.8 billion ringgit (83.26 billion U.S. dollars), with around 303.8 billion ringgit being earmarked for operational expenditures and 90 billion ringgit for development, Prime Mi