KUALA LUMPUR, Oct 9 (Bernama) -- Loan facilities and financing guarantees for micro, small, and medium enterprises (MSMEs) will be increased to RM57 billion in 2027 from RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
Business : MSMEs Loan Facilities, Financing Guarantees Increased To RM57 Bln
MSMEs, loans, financing, Budget 2027, Anwar Ibrahi
BE Bernama 
Key points
- Anwar, who is also the Finance Minister, said the government will the income tax rate for MSMEs by one percentage point.
- The government also proposed to raise the value threshold for each small asset eligible for capital allowances to RM3,000.
- For companies other than MSMEs, the overall claim limit will be raised to RM30,000.
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