Budget 2025 focused on reducing cost of living

Budget 2025 will focus on reducing cost of living for Malaysians, said Prime Minister Datuk Seri Anwar Ibrahim.

“Even though the prices of sugar, oil, flour, and cooking oil are low, Malaysians still feel burdened (by high prices),” said Anwar who is also Finance Minister.

“That’s why in this budget, besides the issues that we are already discussing, we also need to address problems related to cartels, monopolies, and the cause of rising prices… issues like fertiliser, seeds, and so on.

“This means that the finance ministry, especially policy planners, must think (of solutions) across ministries,” he added at the monthly gathering with ministry’s staff here.

Budget 2025 will be tabled on Oct 18 at the Dewan Rakyat.