When will the Economy Ministry submit its 2027 budget recommendations?

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Economy Ministry to Submit 2027 Development Expenditure Proposals to Finance Ministry Mid-August

The Economy Ministry anticipates finalising its review of development expenditure proposals for 2027 by mid-August. Following this completion, the ministry will formally submit its recommendations to the Ministry of Finance (MoF). This process is a key component of the preparations for the Second Rolling Plan (RP2) under the overarching framework of the 13th Malaysia Plan (13MP).
Final Stage of Budget Screening Underway

Currently, the Economy Ministry is in the concluding stages of its budget screening process. This involves evaluating proposals submitted by various implementing ministries. The objective is to coordinate and formulate recommendations for development expenditure specifically for the year 2027, aligning with the strategic direction of RP2.
RP2 Focus on 13MP Objectives and New Allocations

The Second Rolling Plan (RP2) will consider new allocations deemed necessary, alongside a review of ongoing projects. The government aims to ensure that programmes and objectives established within the 13th Malaysia Plan (13MP) are adequately supported by robust implementation capacity. Some initiatives have already received approval under the First Rolling Plan (RP1).
Strengthening 13MP Implementation Through 2027 Spending

Development expenditure for 2027 is strategically oriented towards reinforcing the successful implementation of the 13th Malaysia Plan. This includes considerations for infrastructure, facilities, and the operational readiness of government agencies, ensuring that spending effectively accelerates the nation's transition towards high-growth, high-value industries.

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When will the Economy Ministry submit its 2027 budget recommendations?

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