Oct 20, 2024
Govt’s total expenditure for 2025 is anticipated to reach RM421 billion, accounting for 20.2% of GDP.
The government’s total expenditure for 2025 is set to increase to RM421 billion, or 20.2% of the GDP, driven by higher emoluments, retirement charges from the Public Service Remuneration System (SSPA), and increased debt service payments. Operating expenditures (OE) will account for RM335 billion, or 16.1% of GDP, while development expenditures (DE) are projected to remain at RM86 billion, or…