KUALA LUMPUR: Malaysia's RM510 billion 2027 Budget is expected to attract high-value investments, support business growth and boost household incomes, banking executives said.

CIMB Group chief executive officer Novan Amirudin said the country's economic reform agenda sought to strengthen competitiveness, attract quality investments and foster innovation while ensuring growth translated into better opportunities and living standards.

He said fiscal responsibility and common prosperity must go hand in hand, with reforms focusing on industrial upgrading, infrastructure, energy transition, skills development and financial inclusion.

For the banking sector, these measures would create opportunities to mobilise capital towards priority sectors while supporting businesses and households.