Budget 2019 which was tabled earlier today by Finance Minister Lim Guan Eng has allocated RM314.5 billion for expenditure compared to RM290.4 billion in 2018.
Of that amount, the Education Ministry received the biggest allocation amounting to RM60.2 billion, or 19.1% of total Government expenditures of 2019.
The health services will also receive an increase in allocations by 7.8% about RM29 billion compared to RM27 billion this year. Defence Ministry and Home Ministry, meanwhile, have been earmarked for only RM5.9 billion allocations.
Other allocations include:
- RM926 million allocated for building and upgrading highways, roads and bridges.
- Continuing the provision of scholarships and study loans with an allocation of RM3.8 billion of which RM2 billion is allocated specifically to MARA-sponsored Bumiputera students.
- RM210 million allocated for 2019-2021 to encourage shift towards Industry 4.0.
- RM100 million proposed for TEKUN programme to assist small entrepreneurs.
- Government allocates RM286.8 million for the operating expenses of the Malaysian Anti-Corruption Commission (MACC), an increase of 18.5% from RM242.1.mil allocated last year.
- To stabilise supply and standardise prices of basic necessities, especially in Sabah and Sarawak, the government has allocated RM150 million.
- Access to power and water supplies in rural areas to be improved with allocations of RM694 million and RM738 million respectively.
- RM400 million allocated to maintain, improve government quarters.
- RM1.2 billion allocated for development of Islamic faith.
- A total of RM2 billion will be provided under the Green Technology Financing Scheme to encourage investment in the green technology industry.
- National Fiberisation and Connectivity Plan (NFCP) to be implemented with RM1 billion allocation.
- The Government will continue the Film Production Incentive in Malaysia (FIMI) with an allocation of RM30 million. Additionally, Khazanah will provide an allocation of RM100 million for FIMI specifically for film production at the Pinewood studio in Iskandar Johor.
- RM2.46 billion to be spent on railway track upgrading.
- Allocation of RM100 million to empower the development for the Orang Asli community
- RM100 million to support the Indian community, including technical and skillset training to enhance career opportunities for the Indian youth
- Allocation of RM85 million to improve and repair infrastructure at community halls and villages.
- RM10 million to develop and promote E-Sports, as an activity and industry that interest the younger generation, which involves software engineers and digital game developers.
- Allocation of RM240 million to introduce RM100 monthly passes for unlimited trips on RapidKL rail or bus services starting from January 2019
- RM100 million earmarked to prepare Malaysian athletes for 2020 Tokyo Olympics with hopes that they will bring Gold Medals back home.
- To allocate RM100 million to improve the capability of the SME industry in the halal industry
- RM30 million to help all oil palm smallholders obtain the Malaysian Sustainable Palm Oil (MSPO) certification.
- Under the Development Allocation, the Economic Sector receives the highest distribution of RM29.2 billion comprising transportation, trade, industry, energy and public and agricultural facilities.