MSMEs to get greater focus in 2027 Budget, says Amir Hamzah
KUALA LUMPUR: The government is studying various proposals and initiatives to boost business activity among micro, small and medium enterprises (MSMEs) under 2027 Budget, said Finance Minister II Datuk Seri Amir Hamzah.
Finance Minister II Datuk Seri Amir Hamzah revealed that the government is examining various proposals for MSMEs in the upcoming 2027 Budget. These proposals originated from multiple agencies, ministries, and interactions with non-governmental organisations. He emphasised that MSMEs play a crucial role in the national economy, and the government aims to prioritize them in the 2027 Budget.
The budget will be presented by Prime Minister Anwar Ibrahim on October 9. The 2027 Budget will also focus on the ten thrusts outlined in the budget framework, addressing vital issues for the people, including tackling the cost of living, creating meaningful jobs, and stimulating economic growth. Amir Hamzah stressed that the government seeks to ensure all segments of society, particularly MSMEs, reap the benefits of the country's economic expansion.
Despite a strong GDP growth of 6.0% in the second quarter of 2026, the government wants to ensure these benefits are distributed equally across the nation, including to MSMEs.
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