8h ago
KUALA LUMPUR, Oct 29 (Bernama) -- The government has allocated RM20 billion in basic development expenditure (Basic DE) for 2026 to six less developed states, representing an increase of five percent compared to RM19 billion in 2025.
16d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
18d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
19d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Following are the highlights from the Finance Ministry’s Economic Outlook 2026 and Fiscal Outlook and Federal Government Revenue Estimates 2026 reports:
19d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is pooling and optimising national resources, including government-linked investment companies (GLIC) funds, federal statutory bodies and Minister of Finance Inc (MoF Inc) companies for public expenditure totalling RM470 billion compared to RM452 billion last year, Prime Minister Datuk Seri Anwar Ibrahim.
19d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
19d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim today presented Budget 2026 totalling RM419.2 billion.
19d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 10 (Bernama) -- Public sector entities will remain as a catalyst for sustained and inclusive economic growth, anchored by the 13th Malaysia Plan 2026-2030.
19d ago
KUALA LUMPUR, Oct 10 (Bernama) – The BUDI95 programme is projected to generate savings that will be directed towards strengthening targeted social assistance such as the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), ensuring fiscal resources are channelled more effectively to the vulnerable group, according to the Ministry of Finance (MoF).
19d ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
19d ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.
20d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Efforts to strengthen the economy and safeguard the people’s well-being will continue to be prioritised by the MADANI Government, according to Prime Minister Datuk Seri Anwar Ibrahim.