Bigger budget a boon for healthcare sector

The Health Ministry has emphasised the importance of inter-sectoral collaboration in its Health White Paper.

PETALING JAYA: The Malaysian healthcare sector is poised for sustained growth in 2024, bolstered by the Health Ministry’s enlarged budget allocation, close collaboration between the public and private sectors, and the ongoing growth in medical tourism.

Under Budget 2024 the ministry was granted a higher allocation of RM41.2bil, a 13.5% increase year-on-year (y-o-y). This rise in allocation is one of the most substantial y-o-y increases observed in recent years.