The Week Ahead: Upper house to debate supplementary budget proposal
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Parliament's upper house will debate the supplementary budget proposal for 2023, requesting RM23.48 billion from the consolidated fund. The largest allocation will go to Treasury General Services, followed by Contribution to Statutory Fund and the Ministry of Education. The upper house will also discuss 10 amendments to the Police Act 1967, including the establishment of the role of honorary commissioner-in-chief of the Royal Malaysian Police. The Election Commission will set the dates for the Kuala Kubu Baharu state by-election. Economic data to be released includes the S&P Global Manufacturing PMI for March and preliminary first-quarter 2024 GDP data for Singapore. China will release its official March manufacturing PMI data. The Reserve Bank of India will make a monetary policy decision, and the Reserve Bank of Australia will release its March policy meeting minutes. Inflation-related data will be released by Indonesia, South Korea, Thailand, and the Philippines. US financial results season will begin, and key economic data will be released. Key European data includes the preliminary March CPI from the eurozone and the European Central Bank's Account of March Rate Decision. Impeachment proceedings will continue in the Penang undersea tunnel project corruption trial, and the 1MDB-Tanore criminal trial will continue. A final hearing will be held for former Umno Supreme Council member Datuk Lokman Noor Adam.



https://theedgemalaysia.com/node/706391