{
  "id": 13071183,
  "title": "Federal revenue to hit RM380.8 billion in 2027, tax collections lead growth",
  "url": "https://urgent.news/2026/10/09/federal-revenue-to-hit-rm380-8-billion-in-2027-tax-collections-lead",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T08:36:00.000Z",
  "source": {
    "name": "The Vibes",
    "slug": "the-vibes",
    "url": "https://www.thevibes.com/articles/news/128137/federal-revenue-to-hit-rm380.8-billion-in-2027-tax-collections-lead-growth"
  },
  "original_language": "en",
  "account": "The Finance Ministry has forecast federal revenue to increase 4.7% to RM380.8 billion in 2027, with tax collections driving growth. Tax revenue is set to rise 5.8% to RM297.1 billion, constituting 78% of total revenue. Non-tax revenue is expected to grow 1.1% to RM83.7 billion. Petroleum revenue is projected to reach RM61.2 billion, or 16.1% of total revenue, driven by a RM32 billion dividend from Petronas. Indirect tax revenue, including sales and service tax, is anticipated to increase 8.3% to RM97.2 billion. The ministry attributes the projected revenue growth to robust economic performance, higher global crude oil prices, and improved tax collections through measures like e-invoicing and enhanced enforcement.",
  "summary": "FEDERAL government revenue is projected to rise 4.7% to RM380.8 billion in 2027, with higher tax collections expected to offset modest growth in non-tax income, according to the Finance Ministry. In its Fiscal Outlook and Federal Government Revenue E...",
  "key_points": [
    "Federal revenue projected to reach RM380.8 billion in 2027, a 4.7% increase",
    "Tax collections to drive growth, rising 5.8% to RM297.1 billion",
    "Petroleum revenue to account for 16.1% of total revenue at RM61.2 billion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Vibes",
        "title": "Budget 2027: Federal spending rises to RM459.84 billion",
        "url": "https://urgent.news/2026/10/09/budget-2027-federal-spending-rises-to-rm459-84-billion",
        "published": "2026-10-09T07:59:00.000Z"
      }
    ]
  },
  "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."
}