KUALA LUMPUR, Feb 28 (Bernama) — The revised Budget 2023 with the Malaysia Madani concept strives to be an all-inclusive budget. MFPC wishes to highlight the following pertinent ways an individual can enhance their financial well-being by considering some of the measures announced.
Automatic Dissolution of Bankruptcy – The Unity Government has provided an opportunity for individuals who have debts under RM50,000 and have been declared a bankrupt to be automatically discharge. Whilst the debt amount has to be paid, such a measure will help such individuals opens bank accounts and purchase assets.
