KUALA LUMPUR, Oct 9 (Bernama) -- The government has decided to raise the bankruptcy threshold from RM100,000 to RM150,000 with effect from 2027, Prime Minister Datuk Seri Anwar Ibrahim said.
General : Budget 2027: Bankruptcy Threshold Raised To RM150,000 From 2027 - PM Anwar
Budget 2027, bankruptcy, Insolvency Act, Second Ch
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Key points
- Anwar, who is also Finance Minister, said the MADANI Government had helped more than 250,000 people free themselves from bankruptcy since 2023 through various initiatives.
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- Permohonan hendaklah dibuat secara atas talian melalui portal kerjaya BERNAMA.
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Related reporting
6 stories on this topic from 3 sources, oldest first.
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- Bernama General : Budget 2027: Bankruptcy Threshold Raised To RM150,000 From 2027 - PM Anwar (this story)