PUTRAJAYA, Oct 10 — The government will continue to focus on prudent fiscal management in Budget 2027 to return benefits to the people and reduce cost-of-living pressures, especially for low-income households, said Prime Minister Datuk Seri Anwar Ibrahim.
The prime minister said that savings from improved governance and efforts to curb leakages will be redirected to the people, in line with the need to strengthen the country’s financial position without compromising assistance to those in need.
Anwar, also the finance minister, said although Malaysia’s inflation rate is around two per cent, one of the lowest in the world, the public still feels cost-of-living pressures due to rising prices of goods and certain services.
