KUALA LUMPUR, 7 OCTOBER 2022 – Lembaga Tabung Haji (TH) has welcomed Budget 2023 presented by the Finance Minister YB Senator Tengku Dato' Seri Utama Zafrul Tengku Abdul Aziz today.

Themed responsive, responsible and reformist, Budget 2023 continues to provide significant support for Malaysia's sustained economic growth as well as to protect the rakyat's welfare amid inflation pressures and a global economy that is expected to be weaker in 2023.

"It is a comprehensive budget aimed at assisting Keluarga Malaysia," said Managing Director and Chief Executive Officer of TH Group, Dato' Sri Amrin Awaluddin.

"Government Linked Companies (GLCs) and Government Linked Investment Companies (GLICs) will continue to support the government's efforts and strive to work together in strengthening the country's economic resilience amid external uncertainties," he explained.

TH will also continue with the targeted Haj Financial Assistance, funded from its investment income, to all Muassasah pilgrims although the cost of Haj is expected to rise to about RM31,000 per person next year compared with RM28,632 this year.

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