Ministry of Domestic Trade Hopes for Permanent Subsidy Allocation in 2027 Budget
The Ministry of Domestic Trade and Cost of Living (KPDN) has expressed its hope that the allocation for subsidies and consumer affairs will continue to be given due attention in the upcoming 2027 Budget.
Minister of Domestic Trade and Cost of Living, Datuk Armizan Mohd Ali, emphasized the importance of this financial support to ensure that the welfare of the people is always maintained. He explained that such allocations are crucial to help alleviate the burden of the cost of living faced by the community across the country.
In addition to subsidies, the ministry is also focusing on efforts to strengthen consumer protection. This step aims to ensure that the market for goods and services in Malaysia remains stable and fair for all parties, especially in facing global economic challenges.
Datuk Armizan added that further discussions with the Ministry of Finance will continue to be held to ensure that every requested allocation can be fully utilized for the well-being of the Malaysian people. He hopes that this budget will reflect the government's commitment to addressing the cost of living issue effectively.
Overall, KPDN's focus in the 2027 Budget demonstrates the government's continuous effort to balance the country's economic needs with the daily needs of the people. The public is now awaiting the official announcement of the budget to see the new measures that will be introduced.