CME praises Budget 2026 for fiscal discipline, targeted subsidies

ByEnigma 808

The Center for Market Education (CME) praised Budget 2026 for marking Malaysia’s shift from populist policies to fiscal discipline and transparency. The think tank supported the RM470 billion budget, highlighting the introduction of targeted subsidies and other reforms.

Prime Minister Datuk Seri Anwar Ibrahim announced that targeted subsidies, including the RON95 fuel subsidy, would save RM15.5 billion annually, with RON95 alone saving RM2.5 billion. The Budi95 scheme also aims to help more boat owners and e-hailing drivers.

CME welcomed the government’s effort to reduce the fiscal deficit from 4.1% to 3.5%, calling it a responsible move. The think tank also supported plans for public-private partnerships, higher allocations for Sabah and Sarawak, and better digital connectivity in those states.

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    Besides writing and being a content creator, Enigma 808 sometimes likes to watch paint dry on walls, listening to ASMR while timing snails racing. Such is life.