Budget 2025 To Stimulate Additional Investments In Malaysia - Alliance Bank

KUALA LUMPUR, Oct 27 (Bernama) -- Alliance Bank Malaysia Bhd expects the Budget 2025 to stimulate additional investments in Malaysia and prove the government’s persistent efforts to strengthen the nation’s economic fundamentals.

Group chief executive officer Kellee Kam Chee Khiong said this is a progressive budget that has a prudent balance between the economy, sustainability, the adoption of digital investments and the well-being of the people.

“The budget is a testament to the government’s commitment to responsible fiscal management and continued priority for effective governance,” he said in a statement today. 

On Oct 18, Prime Minister Datuk Seri Anwar Ibrahim unveiled the Budget 2025 with the largest allocation ever at RM421 billion, compared with RM408 billion for 2024.

Kam said that overall, the Budget 2025 covered a wide spectrum in addressing issues concerning people and businesses. 

It has salient features that prioritise the welfare of the people, accelerate the nation’s economy, attract more investments, help pave the way to new markets, and embrace digital adoption, he said.

-- BERNAMA