2027 Budget tour must turn public feedback into policy, economists warn [WATCH]
KUALA LUMPUR: The government’s nationwide tour for the 2027 Budget could mark a shift towards a more ground-up approach to fiscal policy, but economists say its success will hinge on whether feedback leads to concrete measures.
![2027 Budget tour must turn public feedback into policy, economists warn [WATCH]](/img/7423829)
The Malaysian government is set to embark on a nationwide tour ahead of the 2027 Budget, aiming to incorporate public feedback into the policy-making process, according to economists. The initiative, described by Universiti Kuala Lumpur Business School analyst Dr Aimi Zulhazmi Abdul Rashid as a shift from a top-down to a bottom-up approach, seeks to engage businesses, NGOs, and the public to gain insights into the specific challenges faced by different groups.
This engagement is seen as crucial for tailoring budget measures to address the unique needs of various sectors and communities, thereby enhancing public acceptance and compliance. While the Finance Ministry is conducting the tour to gather views and potentially incorporate them into the budget, economists caution against merely conducting a consultation without meaningful follow-through, emphasizing the importance of translating feedback into practical measures.
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