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The government remains open to feedback from different sectors of the economy and society as it prepares Budget 2027, while ensuring their needs are balanced with economic growth and long-term sustainability, according to the Finance Ministry.

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00:01The government said it will continue to gather views from various segments of the Malaysian economy and society in preparing
00:09budget 2027, while balancing their needs with economic growth and sustainability.
00:16Speaking to Starbiz at a briefing on the Star Property Budget 2027 Roundtable on Wednesday, Treasury Secretary-General Tan Sri
00:25Johan Mahmood Merikan said engagements with different groups had begun for the budget, which will be tabled in Parliament on
00:33October 9th.
00:34He received a memorandum containing actionable proposals for the property sector from Star Media Group.
00:41He said sound economic management had contributed to a strong second quarter this year, with Malaysia recording 6% GDP
00:50growth, stable inflation, despite higher energy prices and low unemployment, as well as record trade and investment levels.
00:58However, he acknowledged that Malaysians continued to face challenges, including house prices rising faster than incomes.
01:07He said the government is understanding the people's concerns as it develops measures for the budget, while taking into account
01:15the rapidly changing global environment, including the Middle East crisis.
01:19The Roundtable brought together property developers from across Malaysia, including representatives from the Sabah Housing and Real Estate Developers Association
01:30and the Sarawak Housing and Real Estate Developers Association.
01:34The memorandum presented to the Finance Ministry outlined proposals covering six areas, housing affordability and market stability, urban livability and
01:46quality of life, home financing and accessibility.
01:52Thank you very much.
01:57Thank you very much.
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