KUALA LUMPUR: Kenanga Investment Bank Bhd
expects federal government spending to hit a record high of RM430.3 billion next year amid growing operating expenditure (OE) and development expenditure (DE).
Ahead of the Budget 2026 presentation next week, the investment bank said in a note today that OE is expected to increase modestly by 2.6 per cent year-on-year to RM342.3 billion in 2026, reflecting the government’s effort to balance fiscal discipline with social support.
