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

Prime Minister Datuk Seri Anwar Ibrahim has announced that the Malaysian government will examine cost pressures experienced by small businesses during the formulation of Budget 2027. This comes in response to the global supply crisis and the impact it has had on procurement and operations for small enterprises. Anwar, who holds the position of Finance Minister, revealed that this issue was one of the topics discussed during a Budget 2027 engagement session with representatives from associations and Bumiputera contractor companies.

The session took place at Perdana Putra in Putrajaya yesterday. It has been stated that all input and suggestions shared during the meeting have been carefully considered and will be thoroughly examined as the budget is prepared. In a Facebook post, Anwar emphasized that the Madani Government aims to create broader opportunities for individuals and businesses to enhance their capabilities and maintain the dignity of Malaysian citizens.

According to the schedule for the Third Meeting of the Fifth Session of the 15th Malaysian Parliament, which commences on October 5, the presentation of Budget 2027 is set to occur on October 9.