Monash University Malaysia economics professor Niaz Asadullah said Belanjawan 2023 was “youth-friendly”, with financial incentives, upskilling programmes and new provisions protecting youths from the high cost of living while promoting their marketability.
“Beyond improving access to education and salaried jobs, Belanjawan 2023 has also created better support for youths seeking self-employment.
“The relevant initiatives include specialised entrepreneurship training for B40 youths and microloan schemes to assist young micro and small-time entrepreneurs to start or expand their businesses.
“These initiatives could potentially form a comprehensive programme for youth development. If implemented well, they can go a long way in educationally and economically empowering our youths,” Niaz said.