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Budget 2023: 2025 to be Visit Malaysia Year With Target of 23.5 Million International Arrivals

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Source: YouTube | Parlimen Malaysia & 123RF

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In today’s Parliamentary session (February 24), Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, has retabled the revised Budget 2023.

In his announcement, Anwar stated that the 2025 will be ‘Visit Malaysia Year’ with a target of 23.5 million international arrivals and RM76.8 billion in tourism receipts.

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He stated that RM250 million will be allocated for the tourism sector, of which RM115 million will be set aside for matching grants to promote tourism, arts and culture.

Matching grants will go to companies that promote tourism/culture activities and large scale events, including international sports and culture events.

 

Stay tuned for more updates!

 

Also read: Budget 2023: Excise Duty on Liquids & Gels Containing Nicotine Used in E-Cigs & Vapes to be Implemented

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Source: 123RF

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