2019 Budget Highlights
28 November 2018
The highly anticipated Budget 2019 is the first budget to be tabled by a new government since Malaysia’s independence six decades ago. Entitled “A Resurgent Malaysia, A Dynamic Economy, A Prosperous Society”, Budget 2019 allocates a total of RM314.5 billion in expenditure.
The Government revenue collection in 2019 is expected to be RM261.8 billion up 10.7% from RM236.5 billion in 2018.
Budget 2019 will have three focus areas with twelve key strategies to restore the Malaysian economy as an Asian Tiger. BDO’s Tax Professionals once again deliver our insights and highlights that matters to you and your business.
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