Kuala Lumpur: Prime Minister Datuk Seri Najib Razak on Friday unveiled a budget aimed at winning votes in an election that must be held by August.
The budget allocates a sum of RM280.25 billion, with RM234.25 billion for operating expenditure and RM46 billion for development.
Revenue collection for next year is expected to record RM239.86 billion, Najib said when tabling in the Dewan Rakyat his ninth budget as the Finance Minister, with Barisan Nasional MPs wearing blue Baju Melayu or suits.
Gross Domestic Product (GDP) is to expand 5-5.5 per cent (2017:5.2-5.7 per cent).
Total investment is expected to increase by 6.7 per cent, accounting for 25.5 per cent of GDP in 2018.
Private investment is estimated to reach RM260 billion in 2018 (2017: RM230 billion).
Public investment is estimated to record RM109 billion.
Following are the goodies:
Source: Daily Express