2027 budget to focus on economic resilience, people’s wellbeing

In the 2027 Malaysian budget, economic resilience and people's wellbeing are highlighted as key priorities, according to Finance Minister II Amir Hamzah Azizan. The government aims to raise incomes, create high-quality job opportunities, and tackle cost-of-living issues through sustainable measures, while also considering global economic uncertainties and the public's expectations.

The budget will focus on sectors such as semiconductors, energy transition, the digital economy, artificial intelligence, and Islamic finance. It will also support micro, small, and medium enterprises, as well as startups, by improving access to financing, digitalization, innovation, and market expansion. The government will work to improve service delivery, strengthen education, enhance healthcare quality, and develop human capital to drive inclusive economic growth.

Collaboration with NGOs, civil society organizations, and partners is crucial to ensuring comprehensive aid and social interventions. The primary objective of Budget 2027 is to ensure that economic growth benefits are distributed more inclusively across society. The budget, titled "Malaysia Madani: Reaching for the Skies, Rooted in the Earth," will be presented to Parliament on October 9.