Anwar says fifth MADANI budget will strengthen economy and ease cost of living
First published Wed, Oct 7
Prime Minister Anwar Ibrahim said the fifth MADANI budget is determined to strengthen the economy and ensure growth is felt by the people. He also said economic growth must be translated into the well-being of the people. The budget is also referred to as Budget 2027.1234
Anwar said the 2027 MADANI budget will focus on easing the people's burden and tackling cost-of-living pressures. He said that whether one likes it or not, more allocations must be given. The budget is the fifth under the MADANI framework.56
Sinar Harian reported that the definition of small and medium enterprises (SMEs) has been in place for more than a decade and it is time to review it. The report was published as part of coverage of Budget 2027. The review proposal was raised in the context of the budget.7
Malaysiakini, an oppositional outlet, reported that a shadow budget for 2027 will be presented tonight. The shadow budget presentation is separate from the government's budget announcement. The government's budget was presented by Prime Minister Anwar Ibrahim.8
