bajet18-3@2x

Prospering an Inclusive Economy, Balancing Between Worldly and Hereafter, For The Wellbeing of the Rakyat, Towards the TN50 Aspiration.

By Datuk Seri Najib Tun Razak
Prime Minister and Finance Minister of Malaysia

BUDGET 2018

HIGHLIGHTS

The 2018 budget includes an income tax cut, new GST exemptions, a focus on medical tourism, the digital economy, new Chinese and Indian community incentives, removal of toll fees for certain roads, and new incentives and breaks related to maternity and childcare.

Here are the main highlights:

icons8-refund
PROPOSED BUDGET

RM280.25 BIL

A rise of 7.5 pct from 2017.

Read More

icons8-money
PROJECTED REVENUE

RM239.86 BIL

For 2018, the Federal Government's revenue collection is expected to expand around 6.4%.

Read More

icons8-positive_dynamic
ECONOMY EXPENSION

5.0% to 5.5%

Malaysia 2018 GDP forecast of 5.0-5.5% growth, 5.2-5.7% seen for 2017, higher than the March estimates (4.3% - 4.8%).

Read More

icons8-scales
FISCAL DEFICIT

2.8% of GDP

Higher expenditures should be largely offset by an increase in revenue, leaving a smaller negative balance than for 2017 (3%). 

icons8-shipped
EXPORTS VOLUME

+3.4%

Malaysia sees exports up 16.6% this year (2017), then climbing 3.4% to 20.0% in 2018.

icons8-refund_2
FOREIGN RESERVE

US$101.4 BIL

For 2018, the Federal Government's revenue collection is expected to expand around 6.4%.

Share this with your friends!

wmAKmxjb

Datuk Seri Najib Tun Razak

Prime Minister Of Malaysia

" We should not fall for lies and non-stop propaganda on social media by irresponsible parties, stating that the World Bank has issued negative reports on the nation's economy. The World Bank has revised upwards Malaysia's GDP forecast from 4.9% to 5.2% for 2017 and commended the country's economic performance for its laudable policies. "

wmAKmxjb

Datuk Seri Najib Tun Razak

Prime Minister Of Malaysia

" In a nutshell, the shariah requirement framework adopted by the Government is targeted to benefit the rakyat as a whole, taking into account of Government's capabilities, following the three priorities namely Dho'ruriyat, Haajiyat and Tahsiniyat. It is then proven that the Barisan Nasional Government has the wisdom and experiences of 60 years, which are fundamental in developing and building a proud nation state. "

EXPLORE

BUDGET 2018

BUDGET 2018

Check Out The Highlights

FULL SPEECH

Read the full speech in Malay or English

BUDGET 2018

Get to know the budget 2018 in detail

BUDGET 2017

Updates and Achievements

REACTIONS

Check out the reactions to Budget 2018

Share this with your friends!

Send this to a friend

Bitnami