the sun malaysia ipaper logo 150x150
Saturday, July 25, 2026
26.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Parliament approves Budget 2026 for three ministries

KUALA LUMPUR: The Dewan Rakyat has approved Budget 2026 allocations for three key ministries through voice vote.

The Ministry of Economy received the largest allocation at RM2.75 billion for next year’s operations.

Finance Minister II Datuk Seri Amir Hamzah Azizan revealed that development expenditure for the ministry amounts to RM2.115 billion.

This represents a significant 72.7% increase compared to the revised 2025 allocation.

“The increase amounts to RM890.56 million for development projects in 2026,” he told parliament during the committee-level debate.

He noted that some completed projects would no longer require funding next year.

The Ministry of National Unity secured RM767.99 million for operating and development expenses.

Meanwhile, the Ministry of Plantation and Commodities obtained RM810.09 million under the Fourth MADANI Budget theme.

Operating expenses account for RM477.82 million (59%) of the plantation ministry’s allocation.

Development expenditure makes up the remaining RM332.27 million (41%) for the commodities sector.

The committee-level debate featured contributions from government, opposition and independent lawmakers.

Ministers from all three ministries delivered winding-up speeches before the vote.

Parliament will resume its sitting tomorrow to continue budget deliberations. – Bernama

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu has launched a 400-square-metre Chinese Culture Pavilion outside the FIFA World Cup Final venue in New York, showcasing traditional Chinese culture through immersive exhibits inspired by Beijing's Central Axis. The initiative reinforces Mengniu's commitment to promoting Chinese culture while expanding its global presence as an Official Sponsor of the 2026 FIFA World Cup.

House of Origin elevates the Cantonese culinary canon with pristine expressions for summer

House of Origin at Galaxy Macau has launched a new summer dining programme featuring a seasonal Cantonese menu, an exclusive 15-Year Moutai pairing dinner and a refined lunch service. The latest offerings celebrate premium seasonal ingredients, traditional Cantonese craftsmanship and contemporary culinary artistry.

Breaking the bed bug control industry bottleneck: Nobedbugs-HK redefines global bed bug eradication standards...

Hong Kong-based Nobedbugs-HK is setting a new benchmark in the global pest control industry with its proprietary thermal treatment technology and custom formulations. Having completed over 10,000 successful bed bug eradication projects, the company claims a 100% success rate while addressing long-standing challenges in residential and commercial pest control.

AIA Hong Kong leads industry again with most No.1 market positions in Q1 2026

AIA Hong Kong has once again emerged as the insurer with the most No.1 market positions in the first quarter of 2026, according to provisional statistics released by the Insurance Authority. The company led across multiple categories, including new business policies, inforce policies, agency channel premiums and group insurance, reinforcing its leadership in Hong Kong's insurance market.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings