KUALA LUMPUR, Oct 12 (Bernama) -- The increase in the Senior Citizens Assistance allocation to RM1.3 billion, along with measures to reduce care costs under Budget 2027, is a crucial effort to strengthen elderly welfare as Malaysia transitions into an ageing nation.
General : Budget 2027: Increased Financial Aid, Elderly Care Measures Vital For Ageing Nation
Budget 2027, reaction, senior citizens, assistance
BE Bernama 
Key takeaways
Budget 2027 increases elderly financial aid and reduces care costs, aiming to support Malaysia's ageing population.
- Senior citizens' assistance allocation rises to RM1.3 billion in Budget 2027.
- A tax-funded social pension is proposed to support elderly without sufficient retirement savings.
- Reduced service tax on elderly care and tax exemptions aim to ease financial burden.
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- Bernama General : Budget 2027: Increased Financial Aid, Elderly Care Measures Vital For Ageing Nation (this story)