2027 Budget – What's in it for industries? [WATCH]
KUALA LUMPUR: The 2027 Budget saw the government allocating RM83 billion for development expenditure, which is higher than the budget allocated for this year, but as a percentage of the total budget, it is the lowest over the last 5 years.
![2027 Budget – What's in it for industries? [WATCH]](/img/16842792)
The 2027 Malaysian Budget allocated RM83 billion for development expenditure, an increase from this year's allocation, but the lowest proportion of the total budget in the past five years. Social assistance and subsidies saw a rise to RM72.7 billion, representing 15.8% of the total budget, nearly equal to the development expenditure.
The government aims to strike a balance between meeting today's needs and investing in future growth. The upcoming 2027 Budget is expected to play a pivotal role in shaping the industry landscape and driving future economic expansion. Join BT Insights on October 22 at 12pm as experts Imran Yassin Yusof and Ananda Nayagan Sharva Nandan analyze the budget's implications for industries and its potential to catalyze future growth.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
