Malaysia plans record budget spending in 2025
Malaysia plans record budget spending in 2025 as reforms boost revenue
Malaysia announced on Friday record budget spending of 421 billion ringgit ($98 billion) for 2025, with the government boosting salaries and retirement funds for civil servants as it pursues further subsidy and tax reforms to bolster revenue.
Budget 2025: Malaysia forecasts record budget spending for 2025, more subsidy reform
Malaysia on Friday unveiled a record budget spending for 2025, focusing on economic restructuring to improve its revenues through subsidy rationalisation and fiscal reforms.
Malaysia’s record budget aims to expand tax base, reduce subsidies
KUALA LUMPUR] MALAYSIAN Prime Minister Anwar Ibrahim on Friday (Oct 18) announced the country’s largest budget of RM421 billion (S$128.3 billion) for 2025, focusing on boosting economic growth while continuing to cut subsidies to reduce the fiscal deficit.
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record budget spending plan of 421 billion ringgit ($98 billion).
Malaysia’s record 2025 budget to boost economy, welfare, as Anwar leverages political stability
The budget aims to grow Malaysia’s appeal as a destination for hi-tech investments while also uplifting the country’s most vulnerable groups.
Malaysia’s 2025 Spending Plan Poised to Draw Foreign Interest
Malaysia’s record spending plan is set to drive further foreign interest in its assets as the government continues to build ...
Malaysia to widen tax net and cut subsidies in 2025 as budget spending hits record
Malaysia will widen the scope of its sales and services tax (SST) and reform the subsidy of a widely used fuel next year, ...
Free Malaysia Today1h
Budget 2025 poised to draw foreign interest
For now, the market may react slightly negatively toward the introduction of a 2% tax on dividend income exceeding RM100,000 ...
The Winners and Losers From Malaysia’s 2025 Spending Plan
Malaysia’s retailers and tourism-related firms are poised to benefit from the national spending plan for next year as the ...
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive ...
malaymail2d
Govt plans record RM421b spending in Budget 2025, aims to cut deficit to 3.8pc of GDP, reforms to drive revenue growth
Malaysia to spend RM421 billion in 2025, govt reports say Fiscal deficit seen at 3.8 per cent of GDP in 2025 Growth seen at 4 ...
Malay Mail on MSN2d
Budget 2025: Winners and losers of Putrajaya’s largest federal spending to date
Prime Minister Datuk Seri Anwar Ibrahim tabled the country’s biggest ever federal spending plan in Budget 2025 yesterday, ...