Budget 2026 to prioritise competitiveness, MSME support, and governance as foundation for 13th Malaysia Plan, says Amir Hamzah

Budget 2026 to prioritise competitiveness, MSME support, and governance as foundation for 13th Malaysia Plan, says Amir Hamzah

PUTRAJAYA, August 7 — The upcoming 2026 Budget, scheduled to be tabled in the Dewan Rakyat this October, will be the first to align with the objectives of the 13th Malaysia Plan and will centre around three key pillars: raising the ceiling, raising the floor, and enhancing governance in public administration.‍

Local
Local

PUTRAJAYA, August 7 — The upcoming 2026 Budget, scheduled to be tabled in the Dewan Rakyat this October, will be the first to align with the objectives of the 13th Malaysia Plan and will centre around three key pillars: raising the ceiling, raising the floor, and enhancing governance in public administration.

According to the Parliamentary Calendar, the budget is set to be presented on October 10.

Finance Minister II, Datuk Seri Amir Hamzah Azizan, said that “raising the ceiling” will focus on boosting national competitiveness and driving growth in high-potential sectors such as semiconductors, energy transition, and the Islamic economy.

He also noted that the government will continue to empower micro, small, and medium enterprises (MSMEs) and startups, with the goal of nurturing producers of ‘Made by Malaysia’ products and services.

“The digital economy and artificial intelligence remain top priorities, alongside efforts to encourage creativity and foster a values-based economic model,” he said during his speech at the inaugural Budget 2026 Engagement Council.

Also present were Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, Treasury Secretary-General Datuk Johan Mahmood Merican, Public Service Director-General Tan Sri Wan Ahmad Dahlan Abdul Aziz, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour, and Securities Commission Executive Chairman Datuk Mohammad Faiz Azmi.

The event gathered nearly 300 attendees, including representatives from public institutions, industry leaders, chambers of commerce, technocrats, economists, academics, NGOs, and international bodies. — Bernama

The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan said Minister of Finance II Datuk Seri Amir Hamzah Azizan. — Bernama pic

Latest

April 27, 2026
World
World
White House shooting suspect allegedly targeted Trump administration officials, had anti-Christian manifesto, say authorities.

WASHINGTON, April 27 — A man accused of targeting US administration officials at a Washington event has been arrested after allegedly opening fire, injuring a Secret Service agent.

April 27, 2026
Local
Local
Teo Nie Ching обеспressive rise as scam-related content takedowns reach 43,618 in Q1.

KUALA LUMPUR, April 27 — Social media platforms removed 43,618 pieces of scam-related content in the first quarter of this year, Deputy Communications Minister Teo Nie Ching said.

April 26, 2026
World
World
China pledges support for Myanmar’s sovereignty and security during Wang Yi’s meeting with Min Aung Hlaing

BEIJING, April 26 — China’s top diplomat Wang Yi said Beijing would “firmly support” Myanmar in safeguarding its sovereignty and security during talks with junta leader-turned-president Min Aung Hlaing.