KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 is seen as expansionary, prioritising economic resilience while ensuring continued fiscal consolidation amid elevated external uncertainty, RAM Rating Services Bhd (RAM Ratings).
Business : Budget 2027 Expansionary, Focuses On Economic Resilience â RAM Ratings
Budget 2027, RAM Rating Services Bhd, GDP, fiscal,
Key points
- “At the same time, the budget includes various household support measures, including continued fuel subsidies, increased cash handouts, and greater tax relief measures,” it said.
- Government revenue is projected to grow by 4.7 per cent to RM380.8 billion, driven by higher tax revenue, which will comprise 78.0 per cent of total revenue.
- The shift in revenue composition, while seemingly marginal, reflects higher Sales and Service Tax (SST) receipts, which are expected to make up 19.2 per cent of total revenue in 2027.
Sentences selected automatically from the original article by Bernama.
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