Budget 2027 to emphasise support for M40 and lower‑income groups, says Finance Minister’s aide
LUMUT, Sept 6 — Budget 2027 is expected to place particular emphasis on efforts to address socioeconomic issues, i...
LUMUT, September 6 — The upcoming Budget 2027 is anticipated to prioritize efforts aimed at tackling socioeconomic concerns, with a specific focus on supporting the middle-income (M40) and lower-income groups, according to Muhammad Kamil Abdul Munim, the political secretary to the Finance Minister, Datuk Seri Anwar Ibrahim. Kamil emphasized that this emphasis is crucial as these groups are among the most impacted by economic pressures and ongoing cost-of-living challenges.
He stated that the forthcoming Budget will be more inclusive and closely aligned with the needs of the people, as the involved parties are actively engaging in direct consultations to finalize details. Kamil, speaking after officiating the National Khatam Keris Traditional Ceremony, noted that the government will continue to strengthen existing assistance programs such as the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) to alleviate financial strain on households.
Further announcements regarding additional support measures for the M40 and lower-income groups are expected to follow. The Finance Minister, who will present Budget 2027 in the Dewan Rakyat on October 9, reiterated the government's commitment to maintaining political and economic stability to ensure the seamless execution of national policies.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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