{
  "id": 13078177,
  "title": "2027 Budget: Govt sets aside RM1.26bil for Felda, settlers' welfare",
  "url": "https://urgent.news/2026/10/09/2027-budget-govt-sets-aside-rm1-26bil-for-felda-settlers-welfare",
  "topic": "world",
  "section": "World",
  "published": "2026-10-09T09:18:15.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1551625/2027-budget-govt-sets-aside-rm126bil-felda-settlers-welfare"
  },
  "original_language": "en",
  "account": "The Malaysian government has allocated RM1.26 billion in the 2027 Budget to bolster the finances of Federal Land Development Authority (Felda) and ensure the well-being of its settlers. Prime Minister Datuk Seri Anwar Ibrahim disclosed that 109,000 settlers now possess land titles, and their average monthly net income has risen from RM2,272 in 2023 to RM3,800 in the current year. Speaking during the tabling of the 2027 Budget at Dewan Rakyat, Anwar, who serves as the Finance Minister, elaborated on the funds earmarked for strengthening Felda's financial stability, maintaining infrastructure, and providing housing for future generations of Felda settlers. The Prime Minister also highlighted the delisting of FGV Holdings Bhd, which has further fortified Felda's financial position, enabling it to safeguard settlers' welfare. According to the Finance Ministry, as of September 30, Felda's outstanding government-guaranteed loans amounted to RM5.88 billion, following principal repayments totaling RM3.04 billion. The ministry also disclosed that the government has approved guarantees worth RM9.9 billion to facilitate Felda's access to financing from local financial institutions and the capital market for various projects, investments, and the Felda Recovery Plan.",
  "summary": "KUALA LUMPUR: The government has approved RM1.26 billion in the 2027 Budget to enhance Federal Land Development Authority’s (Felda) finances, aiming to safeguard the settlers’ welfare.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "People Daily Kenya",
        "title": "Govt sets aside Ksh25B for SGR compensation as railway extension advances",
        "url": "https://urgent.news/2026/10/09/govt-sets-aside-ksh25b-for-sgr-compensation-as-railway-extension",
        "published": "2026-10-09T09:05:11.000Z"
      }
    ]
  },
  "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."
}