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Malaysia’s Budget 2025 was delivered by Prime Minister Dato’ Seri Anwar Ibrahim on 18 October 2024 as the country’s third Madani budget.
Budget 2025 is Malaysia’s largest budget ever at RM421 billion, with the objective of revitalizing the economy, catalyzing transformative change and improving the overall well-being of the rakyat. The Budget strikes a strategic balance, reinforcing the nation's commitment to fiscal resilience while navigating the challenges of the global and regional economic landscape and setting the foundation for long-term growth.
Malaysia's economy is gaining positive momentum as evidenced by rising business confidence, strong domestic demand, a strengthening ringgit, stabilizing inflation, encouraging equity market performance and stronger than expected economic growth in the first half of 2024. These positive indicators provide a platform for Budget 2025 to continue setting the foundations for achieving the aspirations of Madani Economy.
Overall, the third Madani Budget introduces bold fiscal reform measures while enhancing Malaysia’s appeal to investors.