MoF sets three short-term priorities for Budget 2025

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MoF sets three short-term priorities for Budget 2025
MofPBSAmir Hamzah
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Prince Mohammed Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has endorsed Saudi Arabia’s bid to host the FIFA World Cup 2034, Saudi Press Agency (SPA) reported.

KUALA LUMPUR: The Finance Ministry has outlined three short-term priorities for Budget 2025 to achieve the objectives of the MADANI Economy .

In line with the MADANI principles, MoF said the government is committed to a holistic and inclusive process in formulating Budget 2025 and welcomes feedback from the people. MoF said Malaysia’s economy is experiencing robust growth, with the gross domestic product increasing from 2.9 per cent in the fourth quarter of 2023 to 4.2 per cent in 1Q 2024, and is projected to expand by 5.8 per cent in 2Q 2024.

The PBS is in line with global best practices to promote public discourse and transparency in formulating annual budgets.

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