KUALA LUMPUR: The following is the essence of the Bajet 2019 presented by Prime Minister Datuk Seri Najib Razak themed "Encouraging the Inclusive Economy, Balancing the World's Excellence And Knowledge, The People's Life, Towards Aspiration of TN50, in the House of Representatives, today.

2. KUALA LUMPUR: The following is the
essence of the Bajet 2019 presented by
Prime Minister Datuk Seri Najib Razak
themed "Encouraging the Inclusive
Economy, Balancing the World's
Excellence And Knowledge, The
People's Life, Towards Aspiration of
TN50, in the House of Representatives,
today.

3. The bajet 2019 allocation amounted to
RM280.25 billion, up from RM260.8 billion
in 2018, with RM234.25 billion for operating
expenditure and RM46 billion for
development expenditure.
Under the development allowance, the
economic sector received the highest share
of RM26.34 billion, social sector (RM11.72
billion), security (RM5.22 billion) and
general administration (RM2.72 billion).

4. The fiscal deficit is expected to narrow to 2.8
per cent in 2018 from 3 per cent in 2018.
Federal Government revenue collection in
2018 is expected to increase to RM239.86
billion in 2018 or from RM219.7 billion in
2018.
Total investment is expected to increase by
6.7 per cent or contributing 25.5 per cent of
Gross Domestic Product (GDP) by 2018.

6. Private investment is expected to increase to
RM260 billion in 2018 from RM230 billion
in 2017.
*The Federal Government revenue of 2019
is expected to reach RM239.86 billion.
*An allocation of RM200 million to Amanah
Ikhtiar Malaysia (AIM), bringing total AIM
funding amount to RM2.7 billion which
utilizes nearly 400,000 borrowers.

7. *RM6.5 billion allocation to farmers, farmers,
farmers, fishermen, smallholders, farmers and
rubber tappers, including RM2.3 billion for aid
and incentives such as fertilizers and production
inputs to farmers, smallholders, rubber and
fishermen.
*The year 2020 is declared as Visit Malaysia Year
where Malaysia will host such as APEC, WCIT and
CHOGM.
*RM2 billion is allocated to the SME Tourism Fund
as a loan to tour operators by providing two
percent interest rate subsidized incentives.

8. *Adding RM1 billion to the Tourism Infrastructure
Development Fund as a soft loan. Budgetary
budgets 2019
KUALA LUMPUR: The following is the essence of
the Budget 2019 presented by Prime Minister
Datuk Seri Najib Razak themed "Encouraging the
Inclusive Economy, Balancing the World's
Excellence And Knowledge, The People's Life,
Towards Aspiration of TN50, in the House of
Representatives, today.

10. The budget allocation amounted to
RM280.25 billion, up from RM260.8 billion
in 2018, with RM234.25 billion for
operating expenditure and RM46 billion for
development expenditure.
Under the development allowance, the
economic sector received the highest share
of RM26.34 billion, social sector (RM11.72
billion), security (RM5.22 billion) and
general administration (RM2.72 billion).

11. The fiscal deficit is expected to narrow to
2.8 per cent in 2018 from 3 per cent in
2018.
Federal Government revenue collection in
2018 is expected to increase to RM239.86
billion in 2018 or from RM219.7 billion in
2018.
Total investment is expected to increase by
6.7 per cent or contributing 25.5 per cent of
Gross Domestic Product (GDP) by 2018.

12. Private investment is expected to increase to
RM260 billion in 2018 from RM230 billion
in 2017.
*The Federal Government revenue of 2019
is expected to reach RM239.86 billion.
*An allocation of RM200 million to Amanah
Ikhtiar Malaysia (AIM), bringing total AIM
funding amount to RM2.7 billion which
utilizes nearly 400,000 borrowers.

13. *RM6.5 billion allocation to farmers, farmers, farmers,
fishermen, smallholders, farmers and rubber tappers,
including RM2.3 billion for aid and incentives such as
fertilizers and production inputs to farmers, smallholders,
rubber and fishermen.
*The year 2020 is declared as Visit Malaysia Year where
Malaysia will host such as APEC, WCIT and CHOGM.
*RM2 billion is allocated to the SME Tourism Fund as a loan
to tour operators by providing two percent interest rate
subsidized incentives
*Increase RM1 billion to Tourism Infrastructure
Development Fund as easy loan.

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