{
  "id": 13125653,
  "title": "Malaysia budget 2027: Five things you need to know",
  "url": "https://urgent.news/2026/10/09/malaysia-budget-2027-five-things-you-need-to-know",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T13:19:02.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/asia/malaysia-budget-what-know-election-6441701"
  },
  "original_language": "en",
  "account": "In Malaysia's 2027 budget, the government expects to reduce the fiscal deficit to 3.3 percent, moving towards the target of 3 percent by 2028. The budget, worth RM459.8 billion, includes higher minimum wages, support for gig workers and farmers and tax relief for middle-income earners. Malaysians could receive up to RM1,600 in extra disposable income through lower tax rates and higher tax relief. The budget aims to improve the welfare of e-hailing and p-hailing workers, with a jointly funded RM160 million package. Farmers will also receive aid, and middle-income earners will benefit from lower personal income tax rates and higher tax relief thresholds.",
  "summary": "Despite tabling a higher budget, the government expects Malaysia’s fiscal deficit to decline to 3.3 per cent in 2027, progressing toward the target of 3 per cent by 2028.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}