1y ago
KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- A new Investment Incentive Framework will be introduced, including a strategic investment fund worth RM1 billion aimed at enhancing the capacity of local talent and encouraging high-value activities to be carried out in the country.
1y ago
KUALA LUMPUR, 18 Okt (Bernama) -- The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November 2024 with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The development allocation for Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively, making them among the highest in the country.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim tabled the Supply (Budget) Bill 2025 in the Dewan Rakyat today.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 17 (Bernama) – Budget 2025 will be a delicate balance between maintaining economic growth and ensuring that the welfare of the most vulnerable segments of society comprising low-income earners, single mothers and people with disabilities are looked after against a backdrop of rising prices.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The development of a special industrial cluster in the manufacturing sector in the Central Region needs to be prioritised as a strategic initiative of the MADANI Government to strengthen the country's position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Supply Bill 2025 (Budget 2025) was tabled for the first reading in the Dewan Rakyat today.