Budget 2024: Malaysia presents tighter budget for 2024


KUALA LUMPUR: Malaysia on Friday unveiled a tighter budget for 2024, focusing on subsidy rationalisation to strengthen its fiscal position as an economic slowdown puts a strain on government spending.

Here are some highlights from the planned budget:

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GDP , fiscal deficit , inflation , economy

Next In Business News

Kenanga IB maintains 2025 growth forecast at 4.8%
Pekat subsidiary bags RM113.31mil TNB contract
Singapore economy grows 5.7% in 4Q25
Chin Hin Group Property enters 2026 with RM2.3bil unbilled sales
Asia's factories end 2025 on firmer footing as orders pick up
Malaysia's Dec PMI remains at 50.1, unchanged from November - S&P Global
Oil edges higher following biggest annual loss since 2020
Traders start 2026 by locking in gains
Ringgit starts 2026 firmer on weaker greenback
Sarawak complete acquisition of MASwings

Others Also Read