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Khazanah: 2027 Budget to boost competitiveness, ease cost of living

KUALA LUMPUR: The 2027 Budget will continue to strengthen Malaysia’s long-term competitiveness and economic growth while prioritising the people through measures to ease the cost of living, raise wages and widen opportunities, Khazanah Nasional Bhd said.

Khazanah: 2027 Budget to boost competitiveness, ease cost of living

Khazanah Nasional Bhd has stated that the 2027 Malaysian Budget will focus on boosting the country's competitiveness and economic growth while addressing the cost of living. Managing Director Datuk Amirul Feisal Wan Zahir highlighted the importance of quality growth, emphasizing sectors such as semiconductors, energy transition, infrastructure, enterprise development, and talent development.

The budget also maintains an inclusive approach, benefiting various segments of society, including workers, youth, entrepreneurs, Bumiputera companies, MSMEs, and communities facing economic and climate-related challenges. Khazanah will continue to support these efforts through various initiatives like Dana Impak, Jelawang Capital, Dana Ciptawan, Dana Warisan, K-Youth, Bakat Madani, and Yayasan Hasanah.

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

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