{
  "id": 19589361,
  "title": "Anwar says RM7.5b Budget allocation will help Bumiputera contractors expand",
  "url": "https://urgent.news/2026/11/12/anwar-says-rm7-5b-budget-allocation-will-help-bumiputera-contractors-19589361",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T01:40:30.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail",
    "url": "https://www.malaymail.com/news/malaysia/2026/11/12/anwar-says-rm75b-budget-allocation-will-help-bumiputera-contractors-expand/242913"
  },
  "original_language": "en",
  "account": "Budget 2027 has allocated RM7.5 billion for Bumiputera contractors, aiming to aid small contractors in building capabilities, expanding businesses, and undertaking necessary projects, stated Prime Minister Datuk Seri Anwar Ibrahim. The funding increase, from RM4 billion this year, was discussed during a session with Bumiputera contractors' association representatives, ensuring the budget benefits small contractors. Anwar emphasized the need for competitive and ethical contractors, and stressed the importance of executing projects responsibly and on schedule. The budget has been increased due to simplified procurement procedures, such as raising the direct appointment limit for government facility maintenance and repair works to RM200,000. Additionally, the measures include financing facilities and addressing rising diesel and bitumen costs, according to Bernama.",
  "summary": "KUALA LUMPUR, Nov 12 — The increase in Budget 2027 funding for Bumiputera G1 to G4 contractors to RM7.5 billion ai...",
  "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."
}