Full Budget 2017 Malaysia
Though experts said that this latest budget covers a wide area of the economy many forecasts and items on the wish list did not materialised.
Full budget 2017 malaysia. The 2017 budget allocates a sum of rm260 8 billion an increase of 3 4 from the 2016 budget recalibration. 46 0b revenue 219 7b 3 from 213 3b budget deficit 40 3b. Benefits for women children and islam. The following are the highlights of the finance minister s budget speech.
The following is the summary of highlights of malaysia budget 2017 which were announced in parliament. Malaysia budget 2017 has successfully been tabled by the prime minister datuk seri najib razak. Budget budget stands at 260 8 billion ringgit 62 3 billion a rise of 3 4 pct from 2016 2017 revenue collection to expand around 3 pct to 219 7 bln rgt. Budget 2017 allocates rm260 8bil up 3 4 from 2016 budget recalibration.
Rm103 9 billion is allocated for fixed charges and grants. This is the malaysia budget 2017 results summary after malaysian prime minister najib razak presented the national budget 2017 in parliament announcing a total budget allocation of rm260 8 billion. Total allocation for malaysia s budget 2017 rm260 8 billion. 3 4 increase from last year s recalibrated budget.
Under operating expenditure a total of rm77 4 billion has been allocated for emolument and rm32 billion for supplies and services. Largest allocation of rm25 9 billion for economy sector followed by rm12 2 billion for social sector and rm5 3 billion for security sector. Malaysia s economy growth estimated at 4 5 for 2017. On 21 october 2016 yab dato sri mohd najib bin tun haji abdul razak malaysia prime minister has tabled budget 2017 themed ensuring unity and economic growth inclusive prudent spending wellbeing of the rakyat.
This budget saw an increase in allocation compared to the budget 2016 recalibration by 3 4 to rm260 8 billion. Budget 2017 yesterday oct 21 2016 4pm unveiled by malaysia pm as a commitment budget not an election budget budget 2017 overall total budget 260 8b 3 4 from 252 2b excluding 2b contingency fund operating exp. Goods and services tax.