Budget 2017 Malaysia Announcement
Full 2014 budget speech.
Budget 2017 malaysia announcement. Malaysia budget news information. The following are the highlights of the finance minister s budget speech. Announced on october 27 2017 by the prime minister and finance minister datuk seri najib razak the budget 2018 came with the theme prosper with inclusive economy balancing duniawi worldly and ukhrawi other worldly excellence to better the lives of the rakyat towards tn50 aspirations.
Of which rm214 8 billion is allocated for operating expenditure while rm46 billion for development expenditure. 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. On 21 october 2016 malaysia announced its 2017 budget the budget.
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. Prime minister datuk seri najib tun razak today announced two policy changes to enable more people to own a house under the 1malaysia people s housing pr1ma programme. Highlights of malaysia budget 2017 in malaysia.
Najib said the two changes to the pr1ma budget 2017 january 13 2017. Goods and services tax. Budget 2018 full speech.
The 2017 budget allocates a sum of rm260 8 billion an increase of 3 4 from the 2016 budget recalibration. Kuala lumpur malaysian financial planning council mfpc has released. Kuala lumpur oct 21 reuters prime minister najib razak announced malaysia s 2017 budget on friday highlighting how the government plans to accelerate growth narrow its budget deficit and.
This does not include contingencies which amounts to rm2 billion. Malaysia announces 2017 budget. Others may put short term political gain first but this government will not he said in reference to some commentators view that the 2017 budget will be skewed towards the coming general election.
Only 2 1 million income tax payers out of 14 6 million of country s total workforce. Budget 2017 allocates rm260 8bil up 3 4 from 2016 budget recalibration. This is a commitment budget.
One third of malaysians have more debt than assets. Budget 2017 infographic written by iris lee malaysia budget 2017 has successfully been tabled by the prime minister datuk seri najib razak. Full budget 2015 speech.
Budget 2019 full speech. Government expects to achieve 3 fiscal deficit in 2017. There is no necessity to recalibrate budget 2017 as malaysia is on the right track towards strong growth this.
Key proposals include significant changes to the withholding tax rules a temporary reduction of corporate income tax rates in certain circumstances penalty provisions for failure to submit country by country cbc reports and an increase in stamp duty rate for transfer of. No necessity to recalibrate budget 2017.
