Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Budget 2027: Govt allocates RM80b for subsidies, STR and SARA rises to RM16b

KUALA LUMPUR, Oct 9 — The government expects to spend more than RM80 billion on subsidies, assistance and incentiv...

Budget 2027: Govt allocates RM80b for subsidies, STR and SARA rises to RM16b

The Malaysian government has allocated a substantial RM80 billion for subsidies, assistance, and incentives in Budget 2027, with fuel subsidies remaining high at RM40 billion. Prime Minister Anwar Ibrahim announced that assistance through the Social Welfare Department will reach nearly RM3.3 billion, while Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) have been increased to RM16 billion from RM15 billion.

Up to nine million recipients will receive SARA assistance of up to RM150 per month, and non-STR recipients aged 18 and above will receive RM100 in SARA Madani credit twice during the year. The government also plans to expand the use of SARA credits to fresh produce sold at farmers' markets and open-air markets, aiming to increase the number of participating small grocery shops to 10,000 by the end of the year.

Additionally, the allocation for Jualan Rahmah Madani and Jualan Agro Madani will rise to RM750 million, with 35,000 sales events targeting rural areas, low-cost housing areas, and urban PPR communities.

Brief written by urgent.news from Malay Mail's own syndicated 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 malaymail.com →

More in Finance & Markets

More from Friday 9 October →