The Institute for Democracy and Economic Affairs (Ideas) welcomes the publication of the 2023 Pre Budget Statement (PBS) on June 3 as it is an important tool for fiscal transparency and governance.

The think tank said in a statement that it has been a key proponent of the publication of a pre-budget statement, as it has been assessing the transparency of Malaysia’s budget via the Open Budget Survey since 2015.

"Ideas recommends engagement with targeted stakeholder groups, particularly with vulnerable or minority groups, to...