ARTICLE
29 February 2016

Take 5: Issue 3 - Malaysia Budget 2016

EY
Ernst & Young
Contributor
Ernst & Young
Budget 2016 is the first Budget to be announced during the implementation period of Malaysia's 11th Malaysia Plan (2016-2020).
Malaysia Government, Public Sector
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Theme

Prospering the rakyat

Budget 2016 is the first Budget to be announced during the implementation period of Malaysia's 11th Malaysia Plan (2016-2020).

Amid a challenging environment, Budget 2016 proposes five strategies in its attempt to balance Malaysia's economic demands and her people's welfare needs.

Fiscal consolidation is on-track as the Government targets to reduce its budget deficit to 3.1% of GDP.

5 Main strategies

1. Strengthening economic resilience

2. Ensuring inclusiveness

3. Empowering human capital

4. Enhancing productivity, innovation and green technology

5. Safeguarding the well-being of the rakyat

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ARTICLE
29 February 2016

Take 5: Issue 3 - Malaysia Budget 2016

Malaysia Government, Public Sector
Contributor
Ernst & Young
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