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Government Aims to Spend RM510 Billion Without New Taxes in 2027 Budget

Siena:Minister of Finance II Datuk Seri Amir Hamzah Azizan expressed confidence that the government can manage the RM510 billion allocated in Budget 2027 without imposing new taxes.

According to BERNAMA News Agency, the minister emphasized the importance of governance to minimize leakage and wastage, thereby enhancing the efficiency of national spending.

Amir Hamzah highlighted that the focus is on ensuring that expenditures are effectively used to bolster the country's economy and benefit the populace. He noted that with proper focus and execution, both the government and the country could achieve greater success in the future.

The continuously improving economic data of the country has bolstered foreign investors' confidence in Malaysia, which is expected to generate additional national income. Amir Hamzah stressed the importance of wise spending, closing gaps in leakages, and increasing returns on government expenditure, which will be supported by the introduction of several new laws.

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