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ARTICLE · 29 FEBRUARY 2016

Take 5: Issue 3 - Malaysia Budget 2016

Budget 2016 is the first Budget to be announced during the implementation period of Malaysia's 11th Malaysia Plan (2016-2020).

MalaysiaGovernment, Public Sector
Yeo Eng Ping
Yeo Eng Ping
Amarjeet Singh
Amarjeet Singh
Chow Hoe
Chow Hoe
Anil Puri
Anil Puri
Farah Rosley
Farah Rosley
Azwan Baharuddin
Azwan Baharuddin
Bernard Yap
Bernard Yap
Simon Yeoh
Simon Yeoh

Theme

Prospering the rakyat

Budget 2016 is the first Budget to be announced during the implementation period of Malaysia's 11th Malaysia Plan (2016-2020).

Amid a challenging environment, Budget 2016 proposes five strategies in its attempt to balance Malaysia's economic demands and her people's welfare needs.

Fiscal consolidation is on-track as the Government targets to reduce its budget deficit to 3.1% of GDP.

5 Main strategies

1. Strengthening economic resilience

2. Ensuring inclusiveness

3. Empowering human capital

4. Enhancing productivity, innovation and green technology

5. Safeguarding the well-being of the rakyat

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