Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

2027 budget totals RM510bil, says Anwar

GLICs to invest additional RM25 billion, followed by RM14.2 billion by federal statutory bodies and MoF Inc companies as well as RM11 billion by the private sector.

2027 budget totals RM510bil, says Anwar

Prime Minister Anwar Ibrahim incorporated classical Tamil and Chinese poetry into his 2027 Budget speech in the Dewan Rakyat today. The Prime Minister, known for his love of poetry, literature, and political philosophy, including the works of Rumi, drew upon the rich literary traditions of Tamil and Chinese civilizations in his address.

When announcing allocations for the Health Ministry, Anwar quoted verse 731 from Tirukkural, a revered Tamil poem by the poet Thiruvalluvar. He recited: "Thallaa Vilaiyulum Thakkaarum Thaazhvilaach Chelvarum Servadhu Naadu," which translates to: "An ideal nation is one blessed with fertile land, knowledgeable people of good character, and prosperity that does not come at the expense of moral values."

Furthermore, Anwar utilized classical Chinese poetry when outlining the eighth pillar of the Budget, which emphasizes the importance of managing public funds with integrity. He recited a line from the Tang dynasty's Shangtang Kaishi Song: "Bù jīng yī fān hán chè gǔ, zěn dé méi huā pū bí xiāng," meaning: "The fragrance of the plum blossom cannot emerge without first enduring cold that bites to the bone."

In Malay, this translates to: "Tidak akan terbit keharuman bunga plum tanpa terlebih dahulu mengharungi dingin yang menggigit hingga ke tulang." The Prime Minister explained that the metaphor captures the essence of life's struggles, asserting that great achievements do not arise from prolonged comfort but rather through perseverance, patience, and the willingness to endure hardship.

The government has earmarked RM459.84 billion for Budget 2027, covering public-sector salaries, subsidies, debt servicing, and economic development initiatives.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at freemalaysiatoday.com →

More in Finance & Markets

NeoGrowth raises Rs 85 Cr led by FMO

The company said the investment will support NeoGrowth's next phase of growth as it looks to expand access to credit for MSMEs, strengthen its digital lending capabilities and deepen its market…

More from Friday 9 October →