Malaysia’s government said Friday it will present its 2023 national budget on Oct. 7, three weeks ahead of schedule, sparking speculation that it may call an early general election.
Polls aren’t due until September next year, but Prime Minister Ismail Sabri Yaakob has come under pressure from his United Malays National Organization party to dissolve Parliament for an early vote.
Law Minister Wan Junaidi Tuanku Jaafar said in a statement that the budget will be unveiled on Oct. 7 instead of Oct. 28. He said Parliament’s final sitting of the year will be brought forward for that purpose.
Ismail Sabri told local media that the decision to present the budget early is not unusual and has been made before by other administrations.
“It’s one potent sign of possible early election,” said Oh Ei Sun of the Singapore Institute of International Affairs. “A large swath of the population are still hard up and depend largely on government handouts to tide them over. So generous budgetary pronouncements are typically seen as one way to win over electoral support in the short run.”
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