Budget 2025: Govt to focus on reducing fiscal deficit and national debt, says Fahmi


PETALING JAYA: The 2025 budget has seen efforts to reduce the fiscal deficit and national debt, says Communications Minister Fahmi Fadzil.

Fahmi noted the government's focus on enhancing fairness by assisting those who need it.

He said the Information Department and Madani communities will be mobilised to achieve this objective.

"This initiative aims to ensure that the more than 50 initiatives announced by the Prime Minister are understood so that information is accessible to all.

"We will utilise not only social media but also at the grassroots level,” he said at a press conference after the tabling of Budget 2025 by the Prime Minister in Parliament on Friday (Oct 18).

Earlier, Datuk Seri Anwar Ibrahim, who is also Finance Minister allocated RM421bil, of which RM335bil is for operating expenditure and RM86bil for development expenditure, excluding contingency reserves of RM2bil.

Beyond this, Fahmi pointed to public sector wage increases, a progressive wage policy, and the establishment of a new minimum wage as proof of the government's efforts to help alleviate Malaysians.

Some of the key budget measures highlighted include a significant increase in funding for Sabah and Sarawak, from RM300mil to RM600mil per state which the minister described as "a very large increase", he added.

In the 2025 budget, Anwar announced that the Malaysian Communications and Multimedia Commission (MCMC) has agreed to allocate RM120mil to enhance internet connectivity at public universities, schools, military camps, and Mara institutions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Bukit Aman to investigate those linked to discovery of prohibited items at Ipoh HQ lock-up
Police step up traffic management as Aidiladha exodus builds up in Gua Musang
MetMalaysia warns of thunderstorms in nine states until 7pm (May 24)
Raya exodus commences; traffic building up on several major expressways
Anwar scheduled to open two-day Sabah Kaamatan festival
WCE Section 3 targets year-end completion, to open in 2027
Govt expands AI development to rural areas to improve tech literacy
Removing numbers from counters has curtailed illegal entry syndicates, says Johor Immigration
46,542 commuting accidents recorded in 2025, says PERKESO
Man nabbed after failed snatch theft attempt in hospital parking lot

Others Also Read