KUALA LUMPUR -- The Malaysian government has drafted a record budget for next year, aiming to spur growth momentum with new development plans while maintaining fiscal discipline through targeted subsidies.
Economy
Malaysia plans record spending in 2026 despite subsidy cuts
Country seeks to balance economic growth, fiscal discipline in draft budget
Malaysia's Prime Minister Anwar Ibrahim holds the 2026 national budget document at the Finance Ministry building as he departs for Parliament to table the budget Oct. 10. © Reuters
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