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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