Full Budget 2017 Malaysia

Only 2 1 million income tax payers out of 14 6 million of. Under operating expenditure a total of rm77 4 billion has been allocated for emolument and rm32 billion for supplies and services. Of which rm214 8 billion is allocated for operating expenditure while rm46 billion for development expenditure.

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Budget 2017 Budget 2017 At A Glance The Edge Markets

Malaysia Budget 2017 What You Need To Know

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Malaysia Budget 2017 What You Need To Know

Malaysia Budget 2017

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This budget saw an increase in allocation compared to the budget 2016 recalibration by 3 4 to rm260 8 billion.

Full budget 2017 malaysia. The following is the summary of highlights of malaysia budget 2017 which were announced in parliament. Though experts said that this latest budget covers a wide area of the economy many forecasts and items on the wish list did not materialised. 46 0b revenue 219 7b 3 from 213 3b budget deficit 40 3b. Rm262 8 billion 2016 2017 gdp 4 0 4 5 4 0 5 0 fiscal deficit 3 1 3 0 federal government revenue rm212 595 mil rm219 726 mil operating expenditure development expenditure contingencies.

Government expects to achieve 3 fiscal deficit in 2017. 2017 budget ensuring unity and economic growth inclusive prudent spending wellbeing of the rakyat. The first post independence budget was presented in the parliament in 1959 with only a total allocation of rm888 million while the current 2017 budget stands at rm260 8 billion. The total allocation for budget 2017 is rm260 8 billion and is an increase of 3 4 from budget 2016.

Malaysia budget 2017 has successfully been tabled by the prime minister datuk seri najib razak. The 2017 budget allocates a sum of rm260 8 billion an increase of 3 4 from the 2016 budget recalibration. Budget 2017 yesterday oct 21 2016 4pm unveiled by malaysia pm as a commitment budget not an election budget budget 2017 overall total budget 260 8b 3 4 from 252 2b excluding 2b contingency fund operating exp. Budget 2017 allocates rm260 8bil up 3 4 from 2016 budget recalibration.

This is the malaysia budget 2017 results summary after malaysian prime minister najib razak presented the national budget 2017 in parliament announcing a total budget allocation of rm260 8 billion. Touchpoints 2017 budget 2017 budget ministry of finance malaysia2 2 2017 economic performance year 2017 budget allocation. This does not include contingencies which amounts to rm2 billion. Goods and services tax to enable more disabled persons to benefit from the gst relief it is proposed that the relief be given to the valid oku card holders on the purchase of approved equipment from the suppliers designated by the social welfare department.

Rm103 9 billion is allocated for fixed charges and grants.