KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 reflects continued progress in building on Malaysia’s success in raising the ceiling while lifting the floor, fulfilling the MADANI blueprint’s vision of shared prosperity, said CIMB Investment Bank Bhd (CIMB IB).
Business : Budget 2027 Advances MADANI Blueprint Vision Of Shared Prosperity - CIMB IB
CIMB IB, Budget 2027, fiscal, MADANI, Anwar Ibrahi
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Key points
- In a note today, the investment bank said the budget embodies the redistribution of reform and growth dividends to a broader segment of society while maintaining a credible fiscal consolidation path.
- CIMB IB said that, excluding petroleum revenue and subsidies, it estimates an expansionary impulse of 0.16 percentage points of GDP.
- On Friday, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim tabled Budget 2027, amounting to RM459.8 billion, comprising RM376.8 billion in federal operating expenditure and RM83 billion in federal development expenditure.
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