Budget 2027 Focus on Living Costs

Malaysian ministers praise Budget 2027's focus on living costs, wages and public services.

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Budget 2027 Focus on Living Costs

Malaysian ministers praise Budget 2027's focus on living costs, wages and public services.

In brief

Malaysian ministers praise Budget 2027's focus on living costs, wages and public services. Malaysia's Budget 2027 raises minimum wage to RM2,000, increases tax relief to RM12,000, and allocates RM47.7 billion for healthcare. Originally reported by Malay Mail.

Budget 2027 tabled

Budget 2027 tabled

Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim tabled Budget 2027 today.

Minimum wage raised

Minimum wage increased to RM2,000 effective June 2027.

Tax relief expanded

Individual tax relief rises to RM12,000 for middle-income earners.

Healthcare funding

Health Ministry receives RM47.7 billion for healthcare reforms and staffing.

TVET allocation

RM8 billion allocated for technical and vocational education and training.

M40 support

Deputy PM Zahid highlights RM8 billion TVET funding for M40 financial pressures.

Film industry boost

Communications Minister Fahmi supports local film industry with new funding.

Healthcare staffing

Health Ministry adds 9,000 permanent positions for contract doctors and 47,000 paramedics.

Infrastructure funding

Works Minister Nanta Linggi welcomes RM800 million for construction and roads.

Sumbangan funding

Sumbangan Tunai Rahmah and Sumbangan Asas Rahmah increased to RM16 billion.

The essence

Malaysia's Budget 2027 raises minimum wage to RM2,000, increases tax relief to RM12,000, and allocates RM47.7 billion for healthcare.

Read the original on Malay Mail

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