Muhyiddin backs cost-of-living measures, seeks broader relief in 2027 Budget

Former Malaysian prime minister Tan Sri Muhyiddin Yassin praised the government's recent initiatives to alleviate cost-of-living pressures and bolster businesses, yet urged for more comprehensive support in the 2027 Budget. The Bersatu leader championed reinstating the subsidized RON95 fuel entitlement from 200 to 300 litres per month, and increasing the e-Invoice exemption threshold for businesses with up to RM3 million in annual sales.

Muhyiddin commended other measures, such as an extra RM500 million for school upkeep, the digitization of public healthcare facilities, complimentary access to AI software for young individuals, an additional RM1 billion in microcredit for small merchants, and a RM200 million grant for vendors in hawker centers, night markets, and home-based enterprises.

Muhyiddin hailed the Prime Minister's announcement as a step towards easing the financial burden on Malaysians and businesses, and bolstering government service delivery. He mentioned these measures would enhance education, healthcare, and the digital economy, while aiding micro, small, and medium enterprises. Muhyiddin emphasized the urgency of prompt disbursement by ministries and government agencies to guarantee that assistance reaches all eligible parties.

However, he cautioned that the measures should not be viewed as the ultimate solution to the challenges faced by Malaysians and businesses. Muhyiddin proposed broader policy adjustments under the 2027 Budget, including reviewing taxation and subsidy rationalization, which significantly impact the financial strain on citizens.