Economy Minister: Higher oil prices will not cut Malaysia’s 2027 development spending
Photo: The Vibes
Malaysia will maintain planned development spending under Budget 2027 despite pressure from higher global oil prices on subsidies and fiscal space, Akmal says
From the original report
He said the Economy Ministry had received a commitment that development allocations for next year would be maintained, stressing that short-term pressures from oil prices should not undermine longer-term development priorities.
"At the Economy Ministry level, we have received a commitment that in terms of the figures, the commitment to development will continue next year.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Vibes
The Vibes
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About this story
- Source
- The Vibes
- Originally published
- Sep 22, 2026
- Updated here
- Sep 22, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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