Malaysia Budget 2027 Highlights

Malaysia MADANI: Reaching for the Skies, While Anchored on Our Values

bdo-tax-budget-2027-highlights

The Budget 2027 will be announced on 9th October 2026 by the Prime Minister and Finance Minister, Dato' Seri Anwar Ibrahim in Parliament.
 
The Budget comes at a time when Malaysia's economy continues to demonstrate resilience amid an increasingly complex global environment. As businesses and the rakyat adapt to changing economic and market conditions, Budget 2027 will be closely watched for measures that support growth, competitiveness and long-term prosperity.
 
As the second Budget under the 13th Malaysia Plan (2026-2030), Budget 2027 is expected to outline the Government's fiscal priorities, policy direction and development agenda for the year ahead.

Through our Budget 2027 coverage, we examine key announcements and developments arising from the Budget, highlighting considerations and potential implications for businesses, industries and individuals.

 

KEY THRUSTS

The key strategic priorities outlined under Malaysia Budget 2027

01
 
Raising the ceiling of national growth
02
 
Raising the floor of the people's living standards
03
 
Driving reform in governance

CONTINUE THE CONVERSATION

Go beyond the highlights and hear from tax specialists, government representatives and industry experts on the key changes and implications arising from Malaysia Budget 2027

BDO Tax Seminar on Budget 2027
EVENT

BDO Tax Seminar on Budget 2027

27 October 2026 |  Kuala Lumpur
29 October 2026 |  Penang
> This seminar is eligible for HRDC claims
EXPLORE THE SEMINAR  →

LOOKING BACK AT BUDGET 2026

Revisit the key measures and highlights from Malaysia Budget 2026

BUDGET 2026 AT A GLANCE

Key figures from Malaysia Budget 2026

RM 470
billion
Total Budget
Allocation
RM 338.2
billion
Operating
Expenditure
RM 81
billion
Development
Expenditure
3.5%
Fiscal Deficit Target
(of GDP)
1.3% – 2.0%
Inflation
(2026)

FULL COMMENTARY

Malaysia Budget 2026 Highlights

Malaysia Budget 2026 Highlights

Read BDO Malaysia's detailed commentary on the key measures announced under Malaysia Budget 2026, including analysis of the implications for businesses and individuals.

VIEW / DOWNLOAD FULL COMMENTARY   →
Malaysia Budget 2026 Highlights Part 2

Malaysia Budget 2026 Highlights (Part 2)

The Finance Bill 2025 and the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 were introduced as part of Malaysia’s Fourth MADANI Budget 2026, outlining the legislative framework required to implement the tax measures proposed under the Budget.

VIEW / DOWNLOAD FULL COMMENTARY   →