Kuala lumpur: Budget 2026, introduced under the 13th Malaysia Plan, has been described as inclusive and people-focused, aiming to rejuvenate and revive the national economy. This budget supports the Madani Economy and broader policy roadmaps announced today while maintaining a commitment to fiscal discipline, targeting a reduction in the fiscal deficit to 3.5% by 2026. This move is seen as a crucial step towards achieving long-term economic resilience.

According to BERNAMA News Agency, the budget demonstrates a strong commitment to strengthening the economy and enhancing the living standards of Malaysians. It also aims to boost Malaysia's appeal as a prime location for investment and business opportunities. Acknowledging the essential role played by micro, small, and medium enterprises (SMEs and MSMEs) in economic growth, the budget places significant emphasis on empowering these sectors. This is being achieved through expanded financing access via Skim Jaminan Pembiayaan Perniagaan Berhad and Bank Negara Malaysia facilities. These initiatives are expected to expedite the adoption of automation and digitalisation, areas where CIMB is already making strides with its CIMB OCTO Biz and SMEBizReady propositions, designed to support sustainable business scaling.