Malaysia budget: Anwar to boost welfare, keep subsidies amid inflation worries

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Malaysia’s 2027 budget will increase social welfare spending and maintain subsidies to address cost-of-living pressures, Prime Minister Anwar Ibrahim’s government says. The measures come as his coalition faces voter dissatisfaction and pressure over the timing of a general election.

Malaysia’s government will boost spending on social welfare while maintaining subsidies to rein in the cost of living under its 2027 Budget unveiled on Friday, as Prime Minister Anwar Ibrahim seeks to shore up public support while under pressure to call for an early general election. Anwar’s Pakatan Harapan (PH) has suffered bruising defeats in a series of state elections since December, as voters expressed disapproval of his administration’s failure to deliver on promises of reforms, which had...