RM510b but no new taxes? Amir Hamzah says 20227 Budget possible through cutting leakages

Malaysian Finance Minister II Datuk Seri Amir Hamzah Azizan has stated that the government can allocate RM510 billion in Budget 2027 without introducing new taxes, focusing on reducing leakage and wastage in the current system. He emphasized the importance of governance in ensuring efficient government spending to improve the country's economy and benefit its people.

The strong economic data and foreign investment confidence also contribute to the government's ability to manage the budget effectively, with a focus on closing leakage gaps and increasing the returns from government expenditure through new laws.

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