Budget 2024 Insights
The Malaysian 2024 Budget, which is themed “Madani Economy: Empowering the People”, was announced on...
The Malaysian 2021 Budget was announced on 6 November 2020 by the Minister of Finance. The 2021 Budget has an allocation of RM322.5 billion, higher than the previous allocation of RM314.7 billion. The increase in allocation is intended to stir economic recovery by contributing to the well-being of the people, enabling business continuity and developing economic resilience. Using a targeted approach, the 2021 Budget allocation is aimed at striving to achieve a balance between the Government’s financial sustainability, reducing the urban and rural development gap and upholding the enablers required to shape the economy.
The 2021 Budget is anchored on Three Integral Goals:
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