KUCHING: Malaysia’s RM470-billion Budget 2026 charts a steady course for growth and fiscal discipline, reflecting reform and resilience, said Affin Group President and Group Chief Executive Officer, Datuk Wan Razly Abdullah.
He said the budget demonstrates the government’s commitment to long-term reform, inclusive growth, and fiscal strength through balanced spending and prudent management.
“The government’s fiscal consolidation strategy reflects a steady and responsible approach to public spending.
“Revenue enhancement and careful expenditure management will ensure that development projects continue to generate long-term economic growth while fiscal strategies remain aligned with national priorities,” he said.
He pointed out that the budget allocates RM338.2 billion for operating expenditure and RM81 billion for development, signalling strong support for reform and sustained growth.
“As the first budget under the 13th Malaysia Plan (2026-2030), it focuses on sustaining economic momentum, strengthening Malaysia’s fundamentals, and bridging structural gaps through the MADANI economic framework,” he said.
Wan Razly said Malaysia’s economy continues to show resilience despite global uncertainties, with GDP projected to expand between 4.0 and 4.5 per cent in 2026, compared to 4.0 to 4.8 per cent in 2025.
He also welcomed the government’s focus on accelerating investment and trade through streamlined approvals, improved bureaucratic efficiency, and incentives targeting high-value, technology-driven industries.
He said these measures would promote innovation, digitalisation and productivity while positioning Malaysia as a regional hub for intra-ASEAN and renewable energy trade.
He commended the government’s continued support for micro, small and medium enterprises (MSMEs), describing targeted loans and financing facilities as crucial to fostering innovation, digital adoption and business resilience.
“Supporting MSMEs is key to strengthening Malaysia’s economic base. Affin Group remains committed to financing sustainable growth and empowering small businesses as part of our contribution to the nation’s high-income and competitive economy goals,” he said.
