KUALA LUMPUR: The government has proposed a full stamp duty exemption on loan or financing agreements undertaken by micro, small, and medium enterprises (MSMEs) with investors through the Initial Exchange Offering (IEO) platform from Jan 1, 2025, to Dec 31, 2026.
KUALA LUMPUR: A greater emphasis on efforts aimed at boosting the economy, mastering innovation aspects, and ensuring a fairer and more equitable distribution of wealth is at the core of the Madani Budget 2025 .
Furthermore, Anwar, who is also Finance Minister, said the focus would also advocate for the weak and vulnerable, ensuring that no groups are left behind in the pursuit of a high-income nation status. Budget 2025 is the highest budget in the country’s history and the third budget tabled under the Madani Government led by Anwar, as well as the last under the 12th Malaysia Plan before transitioning to the 13th Malaysia Plan for the next five years.
"This is not merely the Finance Ministry's Budget; it is the People's Budget. Therefore, I want to embrace the entire strength of the people, as I have previously mentioned, we have never had a better opportunity to shape an agenda to empower the economy and uplift the dignity of the people as we witness now,” he said.
Anwar Parliament Economy Boost Innovation Wealth Distribution
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