Banks, research institutions see Budget 2027 balancing growth, household support and fiscal discipline

Budget 2027 aims to strike a balance between supporting economic growth, easing cost of living pressures, and maintaining fiscal discipline, according to industry players and research institutions. AmBank Group CEO Jamie Ling described the budget as a practical plan to sustain growth without losing sight of fiscal responsibility, while UOB Malaysia highlighted the government's commitment to strengthening Malaysia's investment ecosystem through strategic investments in infrastructure, digitalisation, high-value industries, and energy transition.

Moody's Ratings senior ratings associate Arjun Khaitan noted that Budget 2027 balances additional support for households with continued fiscal consolidation, although pre-election spending pressures could limit the pace of consolidation. Khazanah Research Institute emphasized the importance of strengthening Malaysia's capacity to absorb external shocks to maintain household well-being and ensure sufficient fiscal space for future disruptions.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.