A Budget For The People

Dikemaskini : 12 October 2014

Construction workers taking a break at the construction site in Kuala Lumpur. Budget 2015, unveiled by Prime Minister Datuk Seri Najib Tun Razak today, continued to be business and investor-friendly as well as inclusive, taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group. Astro AWANI/SHAHIR OMAR

View of a construction site in Kuala Lumpur. Budget 2015, unveiled by Prime Minister Datuk Seri Najib Tun Razak today, continued to be business and investor-friendly as well as inclusive, taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group. - Photo AWANI/SHAHIR OMAR

The sight of a construction site in Kuala Lumpur. Budget 2015, unveiled by Prime Minister Datuk Seri Najib Tun Razak continued to be business and investor-friendly as well as inclusive, taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group. - Astro AWANI/SHAHIR OMAR

Passengers waiting for their trains at KL Sentral Kuala Lumpur. Budget 2015, unveiled by Prime Minister Datuk Seri Najib Tun Razak today, continued to be business and investor-friendly as well as inclusive, taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group. Photo Astro AWANI/SHAHIR OMAR

Peoples at KL Sentral Kuala Lumpur. Prime Minister Datuk Seri Najib Tun Razak will present the government's annual budget for 2015 on Oct 10. - Photo Astro AWANI/SHAHIR OMAR

A couple of Malaysian women pick artificial jewelery at the Sungai Way wet market in Petaling Jaya. The Prime Minister Datuk Seri Najib Tun Razak tabled the 2015 annual budget on Oct 10 at Parliament in Kuala Lumpur. - Photo Astro AWANI/SHAHIR OMAR

A foreign worker busy picking chicken feather at the Sungai Way Wet Market in Petaling Jaya. Prime Minister Datuk Seri Najib Tun Razak tabled the government's annual budget for 2015 on Oct 10 at the Parliament in Kuala Lumpur. Photo by Astro AWANI/SHAHIR OMAR

Budget 2015, announced by Prime Minister Datuk Seri Najib Tun Razak, continued to be business and investor-friendly as well as inclusive taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group. - Bernama Photo

RON95 petrol, diesel and liquified petroleum gas (LPG), basic food items like bread, noodles, coffee, tea, important medicines,and reading materials such as children's colouring books, exercise and reference books, textbooks, dictionaries and religious books and newspapers are exempted from the goods and services tax (GST). - Photo by Astro AWANI/Shahir Omar

Advancing the Bumiputera agenda remains an important core of the Budget 2015. - Photo by Astro AWANI/Shahir Omar

Malaysian National Development Strategy (MyNDS) is being formulated parallel to the launch of the 11th Malaysian Plan (11MP) in May 2015 and this MyNDS will be a key basis to planning and preparation of programmes and projects under 11MP. - Photo by Astro AWANI/Shahir Omar

Prime Minister Datuk Seri Najib Tun Razak announced an increase in living allowance for Zone A fishermen from RM200 to RM300 a month, and for fishermen in Zone B and C, to RM250. -Bernamapic

Under Budget 2015, the Malaysian Rubber Board (MRB) will allocate RM100 million to implement a regulatory price mechanism at the farm level as a way to protect smallholders from incurring losses. -Bernamapic

RM30 billion has been directly allocated for development in Sarawak and Sabah. As much as RM27 billion has been allocated for upgrading the 1,663km Pan Borneo Highway and another RM2.6 billion has been announced for rural development to improve clean water and electricity supply as well as rural roads. - Bernama Photo

Sabah was the also focus of Budget 2015 as outlined by Prime Minister Datuk Seri Najib Tun Razak, with a focus on infrastructures and rural developments. - Bernama Photo

Reduced tax rates for individual, cooperative, coperate and SMEs as outlined in Prime Minister Datuk Seri Najib Tun Razak's second strategy. -Astro AWANI/Shahir Omar

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