On the back of positive economic sentiments, the government is well-positioned to pursue sustainable strategies to further fuel the economy
Real GDP growth in 20250% - 0%
Headline inflation in 20250% - 0%
Unemployment rate in 20250%
The Budget recognises the importance of remaining competitive, investing in entrepreneurship as well as sustainable development
Public-private partnerships
To increase private investment by RM78 bn through Pelan Induk Kerjasama Awam-Swasta (PIKAS) and generate 900,000 job opportunities by 2030
Direct domestic investments
Through the GEAR-uP initiative, GLICs will increase direct domestic investments totalling RM120 bn over a period of 5 years, with RM25 bn to be invested next year
Power sector
UEM Lestra and Tenaga Nasional Bhd (TNB) to invest RM16 bn to upgrade the grid and decarbonise industrial areas
Stay ahead of the curve with our analysis and insights on Budget 2025
Malaysia’s hydrogen industry needs to move fast if the country aspires to become a leading producer in the region. Incentives and grants to promote the commercial viability of hydrogen and CCS projects as an encouraging source of economic growth could be welcomed in the Budget 2025.
Malaysia’s efforts to achieve net zero emissions by 2050 and reduce carbon dioxide intensity against GDP by 45% by 2030 could be delayed if similar and effective policies and measures are not implemented. Could the implementation of carbon pricing in Malaysia be an effective measure to reduce carbon emissions?
In the recent Budget 2025, the government announced plans to implement a carbon tax aimed at the iron, steel and energy industry by 2026. This creates opportunities for Malaysia to put a price on carbon and incentivise carbon reductions.
Imagine young urban dwellers, whether born in cities or migrated from rural hometowns, armed with the latest tech-savvy skills and boundless creativity, venturing into rural landscapes to spark change and foster development.
Our people share their hopes and expectations for Budget 2025
A quick reference guide outlining Malaysian tax information
Navigate Budget 2025 with the key tax proposals and updates.
