Budget 2027 to be tabled in Parliament today

PARLIAMENT, 9 OCTOBER 2026 —

Prime Minister Datuk Seri Anwar Ibrahim will table Budget 2027 in Parliament at 3.30pm on Friday, marking the fifth national budget of the Madani government and the second under the 13th Malaysia Plan.

The budget stance aims for sustained policy continuity and a clearly articulated economic vision shaped by resilience, structural reforms and measured responses to shifting external and internal dynamics.

In a statement on X on Thursday, Anwar said: "Hopefully, Budget 2027 will continue to strengthen the economy, ease the burden on the people, create more opportunities, and ensure that the benefits of development are shared more fairly." The Finance Ministry said the budget builds on previous economic measures while improving living standards, strengthening the country's economic resilience and ensuring development benefits reach Malaysians more fairly.

Addressing the rising cost of living remains a central priority, with the government planning targeted assistance through existing programmes including Sumbangan Tunai Rahmah and Budi Madani. The budget also proposes improving social protection for gig workers, a segment that has grown rapidly in recent years. These measures sit alongside broader efforts to narrow development gaps between regions, strengthen education and healthcare services, and prepare for an ageing population by 2030, according to the Finance Ministry.

Access to affordable housing and rental schemes, the strengthening of public transport networks, and improvements to essential services such as education and healthcare feature prominently in the spending plan. Workers' welfare receives dedicated attention, with the government looking to promote better wages, expand skills training programmes and create more high-skilled job opportunities. The Finance Ministry said these initiatives aim to lift household incomes and align labour market outcomes with the economy's structural transformation goals.

Support for local businesses will be extended through the "Made by Malaysia" initiative, while the government aims to attract more high-value investments in strategic sectors such as semiconductors and artificial intelligence. The budget also highlights cybersecurity, preventing online scams, strengthening food security and improving energy security amid global uncertainties. Public service delivery is set to be enhanced through digitalisation and the adoption of Government Technology (GovTech) solutions, the Finance Ministry said.

Malaysians can watch the budget tabling live at 3.30pm through local television stations and social media platforms. Following the announcement, the Supply (Budget) Bill 2027 is scheduled to be debated in the Dewan Rakyat over eight days starting next week. Ministerial replies are set for 26 to 29 October, followed by the committee stage debate from 2 to 26 November, after which the Bill will be put to a vote in the Dewan Rakyat.

An online survey conducted by The Star ahead of the tabling captured public expectations for the budget. According to feedback from readers, the top priorities were cheaper groceries, lower income tax and dedicated aid for the M40 income group. The survey results reflect household concerns over purchasing power and the middle-income segment's call for more targeted relief, adding a layer of public scrutiny to the measures Anwar will unveil this afternoon.

Related: Finance Ministry · Datuk Seri Anwar Ibrahim · Parliament