Hanoi:The government is confident it can manage the RM510 billion expenditure allocated in Budget 2027 without the need to introduce new taxes, according to Minister of Finance II Datuk Seri Amir Hamzah Azizan.

According to BERNAMA News Agency, Amir Hamzah emphasized the government's focus on improving governance to reduce leakage and wastage. By enhancing the efficiency of national spending, the government aims to ensure that expenditures contribute positively to the economy and benefit the people.

Amir Hamzah highlighted the importance of spending wisely and closing any leakages to increase returns from government expenditure. He also noted that Malaysia's strengthening economic data has bolstered foreign investor confidence, which is essential for generating national income.

The minister mentioned that new laws would be introduced to further improve efficiency and effectiveness in government spending. This approach is expected to contribute to the country's future success.