ALOR SETAR, Oct 19 (Bernama) -- The RM6.6 billion microfinancing allocation under Budget 2027 offers micro, small and medium enterprises (MSMEs) an opportunity to strengthen working capital and expand their businesses.
General : Budget 2027 Microfinancing Can Drive MSME Expansion - Academic
Budget 2027, MSME, micro financing, entrepreneurs
Key takeaways
Budget 2027 allocates RM6.6 billion for microfinancing to support MSMEs in expanding their businesses and strengthening working capital.
- MSMEs contributed 39.7% to Malaysia's GDP in 2025 and are key to economic growth.
- Financing agencies like AIM and TEKUN Nasional offer schemes for start-up capital and expansion.
- Entrepreneurs must choose schemes based on business needs and financial capacity.
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 Microfinancing Can Drive MSME Expansion - Academic (this story)