RM15.5 billion savings from targeted subsidies in Budget 2026

ByEnigma 808

The government is banking on a massive RM15.5 billion in savings through targeted subsidies in Budget 2026, showcasing their serious push to boost Malaysia’s economy. Experts say this move isn’t just for the poor—it’s designed to help everyone, from the B40 to the M40 and wealthier groups, by ensuring every ringgit reaches the people.

Universiti Putra Malaysia’s Prof Ahmed Razman stressed that this approach will cut down on waste and corruption, making sure the government’s revenue goes where it’s needed most. It also avoids hikes in taxes, keeping the burden off citizens while reaping the rewards of smarter spending.

Meanwhile, Agrobank is getting RM1.1 billion to fuel growth in the agriculture sector, pushing for more automation and supporting agropreneurs. This funding, according to the bank’s CEO, will boost food security and productivity, helping farming communities build a sustainable future.

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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.