PETALING JAYA: Some RM1.26bil will be allocated for the welfare of elderly folk, says Datuk Seri Anwar Ibrahim.
The Prime Minister said this will benefit about 180,000 senior citizens, through socioeconomic aid and activity centres.
Anwar, who is also Finance Minister, said a National Ageing Action Plan Framework 2025-2045 will also be drafted.
"We are heading towards an aged nation by 2043," he said when tabling the Supply Bill 2026 in the Dewan Rakyat on Friday (Oct 10).
"Preparations must begin now to ensure the wellbeing of seniors alongside strengthening the care economy and social solidarity," he added.
Anwar also said the Women, Family and Community Development Ministry will develop the national standards for the care sector.
The ministry will also provide technical and vocational training courses for care workers.
Budget 2026 is themed "Driving the Madani Economy: Empowering the People".
According to the Dewan Rakyat calendar on the Parliament’s website, the Supply (Budget) Bill 2026 will be debated by MPs for eight days at the policy stage.
This will be followed by ministerial winding-up sessions from Oct 29 to Nov 4.
Debates at the committee stage will take place from Nov 5 to 27, after which it is expected to be passed by the Dewan Rakyat.
