Witness the live presentation of Belanjawan 2025, capturing the essence of every critical aspect of the nation’s economy.
Belanjawan 2025: Theme, Presentation Date & Anticipated Highlights of Malaysia Madani Budget
Prime Minister Datuk Seri Anwar Ibrahim will present the Budget 2025 in the Dewan Rakyat this afternoon. This marks the third budget under the Madani Government led by him and the final one under the Twelfth Malaysia Plan (2021-2025) before transitioning to the Thirteenth Malaysia Plan for the next five years.
Budget 2025 serves as a long-term economic roadmap for Malaysia. In this article, we will share the latest updates on the Budget 2025 presentation, theme, and the primary aids and incentives that will impact all Malaysians.
Introduction
A budget is a document prepared by the government outlining the amount of money to be utilized annually. All revenue generated by the government in the form of taxes, petroleum royalties, and excise duties are spent to cater to citizens’ needs such as healthcare, education, employment, defense, and national development.
In parliament, the budget is referred to as the Supply Bill. This bill contains the details and expenditure estimates for all ministries, government programs, and positions.
Focus of Belanjawan 2025
The Budget 2025 or MADANI Budget 2025 to be presented is based on specific foundations, including approaches to accelerating national economic growth to enhance facilities provided to the people. Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim stated that the third MADANI Budget under the Unity Government would further boost efforts to raise the ceiling and restructure the economy for Malaysia to achieve the status of leading economy in Asia.
Key focus areas include:
- Driving Economic Growth: Enhancing creativity, competitiveness, digitalization, and engagement in artificial intelligence (AI).
- Economic Restructuring: Raising the country’s economic potential ceiling and improving the quality of life.
- Community Income: Upgrading community incomes, particularly in rural areas, urban poor, and interior regions.
Theme of Belanjawan 2025 – “Madani Economy, Prosperous Nation, Well-being Rakyat”
The Budget 2025 consultation session on July 9, 2024, marked the starting point for the Government to gather feedback and suggestions from all social strata for national Budget formulation. In line with the theme, “Madani Economy, Prosperous Nation, Well-being Rakyat”, Budget 2025 will focus on governance improvements to enhance public sector efficiency and eradicate corruption.
For more information, the public is invited to submit suggestions on the Budget 2025 Suggestion Portal by visiting the Ministry of Finance website.
Presentation Date
Budget 2025 will be presented on October 18, 2024, starting at 4:00 PM. You can watch the “Malaysia MADANI Budget 2025 Presentation” live by YAB Datuk Seri Anwar bin Ibrahim, Prime Minister and Finance Minister, on the official Facebook page of the Ministry of Finance and JPA as well as all major media channels.
Why Belanjawan 2025 is Important for You
Impact on Income and Cost of Living:
- The budget provides insights into potential changes in income taxes or tax incentives that can influence spending or saving amounts.
- Allocations for subsidies on essential goods or financial aids to specific groups can reduce living costs.
Investment in Infrastructure and Public Amenities:
- The government may announce new investments in the development of roads, hospitals, schools, and other public facilities through the budget.
- Good infrastructure can enhance the quality of life and facilitate daily activities.
Employment Opportunities and Economic Development:
- Allocations for various economic sectors can create new job opportunities.
- Initiatives to encourage certain sectors like technology, tourism, and manufacturing can boost the economy and business opportunities.
Education and Training:
- Budget allocations in the education and vocational training sectors are crucial for enhancing the skills of young people and workers.
- Investment in quality education can open more opportunities and increase workforce competitiveness.
Social Welfare and Health:
- Allocations for social welfare programs such as financial aid, healthcare, and health insurance can improve the quality of life for the less privileged.
- Focus on both physical and mental healthcare is a frequently highlighted aspect in budgets.
Environmental Sustainability:
- The budget may include initiatives to address climate change issues and improve environmental sustainability.
- Investments in green technology and renewable energy are vital for a sustainable future.
Social Justice and Wealth Distribution:
- Through the budget, the government can introduce policies to ensure fair wealth distribution.
- Welfare initiatives and financial incentives for the less fortunate can reduce social inequality.
Long-Term Plans:
- The budget not only focuses on short-term issues but also outlines long-term plans for the nation’s economy and society.
- Long-term strategies are crucial for the country’s continuous stability and development.
Understanding the essence of Budget 2025 enables you to make better personal financial, business, and investment decisions. Watch and stay informed for a brighter future!
Belanjawan 2025 Live Streaming Links:
- RTMKlik
- Official Facebook Page of Ministry of Finance Malaysia
- YouTube PARLIAMENT MALAYSIA
- Official Website of the Malaysian Parliament
May there be sweet news for all Malaysians!
For more information, please visit Budget MOF.
Download Budget Madani Logo
You can download the Budget 2025 logo from the following link:
Download Budget 2025 Logo
To ensure the correct and appropriate use of the logo, please read the usage guidelines here:
Read Usage Guidelines
Title: Budget 2025 Logo
Slogan: Prosperous Economy, Well-being Rakyat