Prime Minister Najib Abdul Razak addresses Parliament during the 2018 budget presentation in Kuala Lumpur on Friday. The government will spend a total of 280.25 billion ringgit (US$66.1 billion)in 2018, up 7.5% from this year's anticipated expenditure of 260.8 billion ringgit. Najib also located 6.5 billion ringgit for rural infrastructure development, and waived tolls from key highways in several cities. The prime minister announced an allocation of 6.8 billion ringgit, same as the previous year, for an annual cash handouts programme. He allocated 3.9 billion ringgit for goods and transport subsidies and set aside 2.2 billion ringgit to help home ownership under various programme.

Source: Bangkok Post October 27, 2017 11:15 UTC