Real inclusion: How Budget 2027 benefits ordinary Malaysians in giving them a share of the country’s wealth and success

Malaysia's Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim presented Budget 2027 on October 10, 2026, emphasizing a shift towards benefiting ordinary Malaysians through economic growth and reforms. The national budget stands at RM510 billion, up from RM470 billion in the previous year, and could be the final one before the 16th General Election.

The budget aims to provide relief from rising living costs by increasing allocations for cash assistance and cost of living, including Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA). STR recipients will receive SARA of up to RM150 per month, benefiting up to nine million people, while other adults aged 18 and above will receive RM100 twice in 2027.

Tax relief has been introduced, with individual income tax relief increasing from RM9,000 to RM12,000 and tax rates lowered for selected income brackets. The government also plans to expand support for small and medium enterprises, workers' minimum wage, and gig workers through new packages, tax incentives, and social security contributions.

Additional support is being provided for students, education and healthcare, with increased government spending in these sectors.