Malaysia announces budget spending of $129b in 2026, vows more reforms
The Straits Times - Sports·2025-10-11 01:00
KUALA LUMPUR - Malaysia on Oct 10 proposed a budget of RM 419.2 billion (S$129 billion) for 2026, and vowed to pursue further fiscal reforms amid external uncertainties, according to government reports.
The South-east Asian country has maintained steady growth even though its exports have been hit by changes in US tariffs, but it needs to boost revenues to reduce its deficit and pursue the economic development goals
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