Budget 2027 to be tabled on Oct 9, says Anwar

KUALA LUMPUR, 24 JULY 2026 —

Budget 2027 will be tabled in Parliament on Oct 9, Prime Minister Datuk Seri Anwar Ibrahim said on Friday.

According to the Dewan Rakyat calendar, the government has scheduled Budget 2027 for Oct 9.

In his speech, Anwar said Malaysia’s growth had to be guided by moral purpose while remaining open to investment. “This is a major challenge,” he said. “The economy is a means, not an end in itself. No society rises merely because it has highways, buildings, technology or financial resources.”

Growth, he argued, should enable people to live with dignity, security, purpose and hope rather than focus on higher output or larger wealth. “It means asking whether growth widens opportunity or narrows it; whether it strengthens families or leaves them more vulnerable,” he said.

Anwar said the budget would formalise these priorities. “Next month or so, I will grapple with formalising the budget for next year,” he said.

He added that Malaysia’s budget, growth, economic policies, semiconductor strategy, energy transition and digital transformation must reflect a restored moral purpose. “It is not a slogan to be placed on banners. It must be reflected in policy, institutions, and conduct,” he said.

The prime minister also said prosperity had to translate into better wages, meaningful work, affordable housing, accessible healthcare, quality education, thriving communities and genuine mobility.