KUALA LUMPUR, Oct 16 (Bernama) -- The government has allocated a record RM57 billion in financing facilities for micro, small, and medium enterprises (MSMEs) under Budget 2027 to help the sector weather global economic uncertainties.
General : Budget 2027: Record RM57 Bln Allocation To Boost MSME Resilience - Steven Sim
Budget 2027, Steven Sim, Rizal Nainy, SME Corp Mal
Key takeaways
Budget 2027 allocates RM57 billion for MSMEs to enhance resilience against economic challenges.
- RM57 billion is a record allocation for MSMEs in Budget 2027.
- The government aims to improve financing access and reduce business costs.
- MSMEs are exempt from the latest minimum wage increase to ease costs.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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- Bernama General : Budget 2027: Record RM57 Bln Allocation To Boost MSME Resilience - Steven Sim (this story)