KUALA LUMPUR, Feb 24 — The government will this year provide up to RM64 billion in the form of subsidies, assistance as well as incentives with most of the funds used to minimise the cost of living through goods price control, financial assistance, and giving service to the people.

KUALA LUMPUR, Feb 24 — Borrowings for 2023 are expected to reach 12.2 per cent of gross domestic product (GDP), lower than the initial projection of 14 per cent, which includes financing for development programmes and projects in the Third Rolling Plan under the 12th Malaysia Plan (12MP), as well as redemption of 1MDB bond maturing in March 2023.