Revenue to rise to RM380.8 billion and debt to ease to 63.7 per cent of GDP, though the West Asia fuel shock pushed this year’s deficit above target IN BRIEF: Total resources of RM510 billion, up from RM470 billion. Deficit: 3.6 per cent in 2026 (target 3.5), 3.3 per cent in 2027, 3 per cent…
Minimum pension raised to RM1,350 and maternity leave extended to 98 days per childbirth in Budget 2027 package for the public service IN BRIEF: RM1,500 for 1.3 million civil servants at Premier Grade B and below, including contract staff. RM750 for more than one million government retirees. Paid in two instalments, before Aidilfitri and ahead…
SARA extended to all STR recipients and to farmers’ markets, as Anwar credits targeted subsidies for nearly doubling aid since 2022 IN BRIEF: STR and SARA allocation up to RM16 billion from RM15 billion. SARA of up to RM150 a month for all STR recipients, up to nine million people. SARA MADANI RM100, twice, for…
Eight million workers set for a pay rise as Anwar moves to close the gap between productivity and pay, but smaller MSMEs are exempted IN BRIEF: Minimum wage up from RM1,700 to RM2,000 a month from June 2027 New RM2,500 minimum for semi-skilled workers and graduates MSMEs with annual sales below RM50 million exempted GLIC…
Anwar’s RM510 billion budget lifts the minimum wage to RM2,000, raises tax relief for the first time since 2010 and boosts cash aid to RM16 billion, without losing sight of the deficit. IN BRIEF: WHAT’S IN IT FOR YOUWorkers: minimum wage up from RM1,700 to RM2,000 from June 2027; a RM2,500 floor for graduates and semi-skilled…
