Malaysia confident of RM510 billion budget spending without new taxes

Finance Minister II Datuk Seri Amir Hamzah Azizan said Malaysia’s government was confident it could spend the RM510 billion set aside in Budget 2027 without introducing new taxes.

During an appearance on RTM 1’s Bicara Naratif programme, he described better governance as a continuing government priority for tackling waste and leakages. The aim, he said, was to make expenditure more efficient while ensuring it supported the economy and benefited the public.

Amir Hamzah also said economic indicators that continued to strengthen showed foreign investors remained confident about investing in Malaysia. Those investments could help generate income for the country, he added.

He stressed that available revenue must be spent carefully, with weaknesses allowing leakages addressed and expenditure managed to yield better returns. He said these efforts would be linked to several new laws, and emphasised the need for focus and effective execution of government responsibilities.