KUALA LUMPUR: Malaysia heads into the budget cycle on a strong footing, with the economy expanding 6.0 per cent in the second quarter of the year to lift the first-half expansion to 5.7 per cent.
Against this backdrop, the 2027 Budget is expected to favour continuity over dramatic policy shifts, balancing household support against efforts to trim the fiscal deficit.
Set to be tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim at 3.30pm today, the fifth Madani Budget comes at a challenging juncture.
The conflict between Iran and the United States has caused a global energy shock, pushing crude oil prices above US$100 a barrel and raising pressure on subsidies and household costs.
