Budget 2027 to consider cost pressures on small businesses, says Anwar

KUALA LUMPUR, Oct 1 — Prime Minister Datuk Seri Anwar Ibrahim has announced that the government will examine the financial challenges faced by small businesses due to global supply chain disruptions when crafting Budget 2027, as stated in a Facebook post. Anwar, who serves as both the Prime Minister and Finance Minister, revealed that this issue was among the topics discussed during the Budget 2027 engagement session with associations and Bumiputera contractor companies held at Perdana Putra, Putrajaya.

He emphasized that all feedback and proposals from the session would be carefully reviewed before finalizing the budget. Anwar highlighted the government's intent in a Facebook post, stating that Budget 2027 aims to expand opportunities for individuals and businesses to enhance their capabilities and recognize the dignity of the nation's people.

The Third Meeting of the Fifth Session of the 15th Parliament, during which Budget 2027 will be presented, is set to commence on October 5, with the budget announcement scheduled for October 9 according to the parliamentary calendar.