{
  "id": 13065634,
  "title": "Federal govt revenue expected to rise 4.7pc to RM380.8b in 2027, says MOF",
  "url": "https://urgent.news/2026/10/09/federal-govt-revenue-expected-to-rise-4-7pc-to-rm380-8b-in-2027-says-13065634",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T07:55:36.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/malaysia/2026/10/09/federal-govt-revenue-expected-to-rise-47pc-to-rm3808b-in-2027-says-mof/238412"
  },
  "original_language": "en",
  "account": "Federal government revenue is projected to increase by 4.7% to RM380.8 billion in 2027, according to the Ministry of Finance (MoF). This estimate, driven by resilient albeit moderating economic growth, assumes a 5.8% rise in tax revenue to RM297.1 billion, or 78% of total revenue. Non-tax revenue is expected to grow marginally by 1.1% to RM83.7 billion, or 3.6% of GDP. Petroleum-related revenue, which accounts for 16.1% of total revenue, is projected to reach RM61.2 billion in 2027, largely due to a RM32 billion dividend from Petronas. Non-petroleum revenue is anticipated to increase by 3.5% to RM319.6 billion. For 2026, petroleum-related revenue is expected to drop to 15.1% of total revenue, or 2.5% of GDP, due to a lower Petronas dividend of RM27 billion, despite higher global crude oil prices. Non-petroleum revenue is projected to grow to RM308.7 billion. In 2026, federal government revenue is projected to rise by 6% to RM363.6 billion, driven by better-than-expected economic performance and higher global crude oil prices. Tax revenue remains the largest contributor at 77.2%, followed by non-tax revenue at 22.8%. Direct tax is forecast to increase by 4.6% to RM199.9 billion in 2027, with corporate income tax constituting 53.3% of total direct tax. Indirect tax collection is expected to grow by 8.3% to RM97.2 billion in 2027, driven by steady business and consumption activities.",
  "summary": "KUALA LUMPUR, Oct 9 — Federal government revenue is estimated to rise 4.7 per cent to RM380.8 billion in 2027, ass...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Federal govt revenue expected to rise 4.7pc to RM380.8b in 2027, says MOF",
        "url": "https://urgent.news/2026/10/09/federal-govt-revenue-expected-to-rise-4-7pc-to-rm380-8b-in-2027-says",
        "published": "2026-10-09T07:55:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}