Kuala lumpur: Budget 2026 is framed with prudent fiscal discipline while ensuring the people's welfare remains protected amid rising living costs, said Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa. She stated that the initiatives announced by Prime Minister Datuk Seri Anwar Ibrahim reflect the MADANI government's commitment to good governance, ensuring that national revenue is managed transparently and effectively.
According to BERNAMA News Agency, the benefits are channelled directly to the people in a more targeted manner. Dr Zaliha expressed gratitude for the continued attention given to the Federal Territories in a Facebook post. Under the theme Belanjawan MADANI Keempat: Belanjawan Rakyat (Fourth MADANI Budget: A Budget for the People), the RM419.2 billion allocation is expected to drive national economic growth and ensure that the nation's wealth is shared equitably across all segments of society.
Among the initiatives announced for the Federal Territories are RM200 million under the Lestari Niaga Programme for small traders in Kuala Lumpur, RM3.5 million to boost Labuan's tourism through the Labuan 365 programme, and RM1 million for the Putrajaya Wave 2026 event. An allocation of RM500,000 was also announced to upgrade Anjung Duta@15 in Precinct 15, Putrajaya.
Dr Zaliha noted that the Budget 2026 allocations complement development plans under the 13th Malaysia Plan (13MP) for the Federal Territories, including the conservation of Sungai Gombak from Kampung Sungai Mulia to the Puah Flood Detention Pond in Kuala Lumpur, river restoration works to reduce flood risks in Kuala Lumpur and Labuan, and the construction of the Labuan Waterfront Phase 1. She emphasized that Budget 2026 includes various other initiatives to ensure the wellbeing of the people and economic growth across all three Federal Territories, expressing confidence that these will be carried out for the benefit of the people.