Budget 2019: Balancing Fiscal Responsibilities and Economic Growth

By Negin Vaghefi

January 2019 PENANG ECONOMIC INDICATOR
main image
Advertisement
The 2019 Budget, the first budget under the new government, was tabled by Finance Minister Lim Guan Eng on November 2, 2018 in Parliament.With the theme “A Resurgent Malaysia, A Dynamic Economy, A Prosperous Society”, the 2019 Budget allocates a total of RM314.6bil in expenditure – about 12.2% more than the previous year. RM259.9bil (82.6%) is allocated for operating expenditure (OE) while RM54.7bil1 (17.4%) is set aside as development expenditure (DE).The larger expenditure for 2019 indicates that the monetary sector...

Subscribe to our e-archive to read our older articles.

Subscribe Now
Negin Vaghefi

is a senior analyst at Penang Institute. She holds a Ph.D. in Environmental Economics. Her research interests include agri-environmental economics, climate change, green economics, poverty and income inequality, and policy analysis.

Previous Article Back to Issue Next Article
Advertisement

Trending Now

Anecdotal Accounts of Chinese Women Migrants to Southeast Asia

The Japanese Conquest of Penang: Part One

A Red-light District Worthy of a Vibrant Port

The British-Siamese Boundary Stone: A Momentous Relic in Seberang Perai

A Brief History of 123 Macalister

Subscribe today to access over 2,000 articles in our e-Archive for RM150 a year, and get the 2nd year free.
Support Us

As Penang Monthly continues to evolve, we aim to deliver better quality reads. At present, our three current issues are free for public access. But we need your financial support as we endeavour to be the voice of Penang and an inspiring read for the curious Malaysian.

Every RM100 contribution from individuals (or RM1,000 for corporations) will be entitled to tax exemption receipt.
`