Govt Constantly Monitors DSC-to-revenue Ratio To Ensure It Does Not Exceed 15 PCT - MoF

revenue collection performance to ensure the DSC-to-revenue ratio does not exceed 15 per cent, said the Ministry of Finance (MoF). In a written response published on the Parliament’s website today, the ministry stated that the government has implemented...

Govt Considering Suitable Incentives For Border Residents – MOF

PADANG BESAR, Sept 28 – The government is considering several incentives to help the people, especially traders in urban areas near national border who are affected by the COVID-19 pandemic.

Govt Confident Of Meeting GDP Forecast Of 4-5 PCT In 2023 - PM Anwar

KUALA LUMPUR, Aug 18 (Bernama) -- The government remained confident to meet its gross domestic product (GDP) forecast of 4.0 per cent to 5.0 per cent for 2023 as the domestic economy remains vibrant with many indicators showing healthy trends, said...

Govt confident of achieving economic growth forecast despite challenges – PM Anwar

KUALA LUMPUR, May 12 (Bernama) – The government is confident of achieving its economic growth forecast of 4.0 per cent to 5.0 per cent for 2023 despite the global economic challenges and uncertainties, supported by strong economic fundamentals and...

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public...

Govt Committed To Implementing Policies To Strengthen International Reserves, Ringgit

and competitiveness to attract funds that will strengthen the international reserves and the ringgit. The Finance Ministry (MoF) said the government would also continue to carry out policies to improve the investment climate and national productivity to...

Govt committed to facilitate business activities, support domestic investments - Anwar

To further promote domestic growth, the Cabinet has been focusing on accelerating the implementing of government projects and facilitating approvals for businesses such as applications for skilled expatriates, he added.

Govt committed to achieve standing as the world's top 10 most competitive country - MOF

KUALA LUMPUR, Oct 7 (Bernama) -- In attracting high-quality investments, the government is committed to achieving the standing of the world's top 10 most competitive country by 2025, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Govt beefs up healthcare by another RM200 mln, but rakyat's efforts also key to break infection

KUALA LUMPUR, May 22 – Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today assured that the government is beefing up the country's healthcare needs with the latest funding of RM200 million, but Malaysians’ collective efforts are also critical to...

Govt Allocates RM7.063 Bln Capital Injection To Finance Companies Under MoF Inc

billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MoF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt allocates RM50 mln matching grants to support aerospace components development -- MoF

KUALA LUMPUR, Oct 7 (Bernama) -- The government will provide RM50 million in matching grants to support aerospace components development, Minister of Finance Tengku Datuk Seri Zafrul Abdul Aziz said.

Govt allocates RM200 mln to address flood impact – Tengku Zafrul

KUALA LUMPUR, Dec 19 – The government has provided a total allocation of RM200 million in efforts to address the impact of floods and activation of all disaster networks of Government-Linked Investment Companies (GLICs) and Government-linked companies...

Govt allocates RM100 mln to help startups affected by COVID-19

PUTRAJAYA, May 8 – The Ministry of Finance (MoF) has allocated RM100 million to Malaysia Debt Ventures Bhd (MDV) to fund the Technology Start-up Funding Relief Facility (TSFRF) to assist technology startups affected by the COVID-19 pandemic.

Govt Allocates RM100 Mln For ‘Anak Kita’ Programme – Amir Hamzah

GEORGE TOWN, Sept 22 (Bernama) – The MADANI Government has allocated RM100 million for the ‘Anak Kita’ Programme (PAK), a key initiative aimed at addressing student dropouts and boosting academic performance, said Deputy Finance Minister Datuk Seri...

Govt allocates RM1 bln for eMADANI programme, registration from Dec 4

RM1 billion for the eMADANI programme which will benefit up to 10 million Malaysian citizens, said the Ministry of Finance (MoF).

Govt agrees to exempt tax on foreign source income for resident taxpayers – MoF

income (FSI) for resident taxpayers to ensure the smooth implementation of the tax initiative, said the Ministry of Finance (MoF).

Govt agencies, GLCs urged to engage in CSR programmes to assist flood victims

MACHANG, 27 Dec (Bernama) --Government agencies and government-linked companies (GLC) have been urged to engage in Corporate Social Responsibility (CSR) programmes to assist flood victims.

Govt able to meet debt obligation following gradual reopening of economy – MoF

following the gradual reopening of the economy and the revitalisation of domestic consumption, said the Finance Ministry (MoF).

Government’s Temporary Debt Increase Due To Helping Rakyat & Businesses: Fiscal Discipline And Consolidation To Follow Once Economy Recovers

some buffer, particularly in directing additional aid to the rakyat who are worst affected. 4. When the Ministry of Finance (MOF) reported that, as at end-2020, the statutory debt was RM820.7 billion or 58.0% of GDP, and was projected to reach 58.5% in...

Government Will Improve Policies To Increase Wage Growth - Economic Outlook 2024

KUALA LUMPUR, Oct 13 (Bernama) -- The government will improve policies to increase wage growth, including reviewing the minimum wage and relevant laws to warrant a better working environment as well as exploring the implementation of a progressive wage...

Government To Work With Business Leaders To Drive Economic Growth

Yang Amat Berhormat Prime Minister and Minister of Finance Dato’ Seri Anwar Ibrahim today spoke with business leaders, regulators and economists on ways to further drive Malaysia’s economic growth and spur domestic investments.

Government tapping into more data to narrow down assistance – Tengku Zafrul

KUALA LUMPUR, March 6 – The government is tapping into more data compiled by various ministries to narrow down its assistance to individuals and businesses that are still reeling from the year-long health pandemic, Finance Minister Tengku Datuk Seri...

Government Investment Companies Division (GIC)

Government focuses on four key areas in 2023 Budget

KUALA LUMPUR, 3 June – The government will enhance its four key areas which consist of governance, public service delivery, disaster risk management and strengthening the resilience of public health, in next year’s budget.

Government consistent in explaining statutory debt – MoF

KUALA LUMPUR, March 22 – The government has always been consistent in explaining the statutory debt, whether in Parliament or to the media, and the statutory debt is always referred to as comprising Malaysian Government Securities (MGS), Malaysian...

Gov't to consider fiscal incentives to assist telcos’ 5G initiatives

KUALA LUMPUR, June 18 (Bernama) – The government is willing to consider fiscal incentives to assist telcos’ transition to 5G, to mitigate any short-term commercial consequences of providing 5G services to their customers.

Gov't guarantee agreement signed to facilitate Felda's loan restructuring exercise - MOF

PUTRAJAYA, June 28 (Bernama) – An agreement with a government guarantee has been signed for the Federal Land Development Authority (Felda) to restructure the agency’s loans through the issuance of sukuk and revolving credit as part of efforts to...

Good Governance, Sound Policies Make Petrol Price Cut Possible – Anwar

PUTRAJAYA, Sept 26 (Bernama) – Good governance and effective economic policies have enabled Malaysia to lower the price of RON95 petrol to RM1.99 per litre, easing the burden on the people compared with other countries, including oil producers, said...

Goldman Sachs returns US$3.9 bln in 1MDB settlement to Msia: MOF

bond transactions that the company had structured and arranged for 1Malaysia Development Bhd (1MDB), the Finance Ministry (MoF) said.

Global minimum tax expected to have a positive impact on Malaysia's financial position – MOF

next year is expected to have a positive impact on the country’s financial position, according to the Ministry of Finance (MoF).

GLICs to Strengthen Governance, Capitalise on New Opportunities, Create Stable Returns for Rakyat

The Ministry of Finance (MOF) is pleased to announce that Prime Minister YAB Tan Sri Muhyiddin Yassin today launched the Perkukuh Pelaburan Rakyat (PERKUKUH) Initiative, effectively starting the journey for the six Government-Linked Investment...

GLC Open Day to offer job opportunities and scholarships

KUALA LUMPUR, March 4 – The Government-Linked Companies (GLC) Open Day 2022 is expected to offer many job opportunities and scholarships to Malaysians by several GLCs and Government- Linked Investment Companies (GLICs), said Finance Minister Tengku...

General Office - MK II

03-88829178 03-88829176 03-88829181

General Office - MK

03-88829178 03-88829176 03-88829181

General Office

General Office

Full-time e-hailing Drivers Eligible For BUDI95 Petrol Subsidy Starting Oct 15 - MOF

for the BUDI MADANI RON95 (BUDI95) petrol subsidy, starting this October 15, according to the Ministry of Finance (MOF).

Full Redemption of Award-Winning Sukuk Prihatin, Malaysia’s First Digital Sukuk

The Government is pleased to announce the maturity of its two-year Sukuk Prihatin, which was launched on 22 September 2020. Sukuk Prihatin was established in response to various requests from corporates and individuals to contribute to the country's...

Fuel Prices: RON97, Diesel Up By Three Sen

KUALA LUMPUR, July 16 (Bernama) – The retail price of RON95 petrol remains unchanged at RM2.05 per litre, while the price of RON97 increases by three sen from RM3.18 to RM3.21 per litre for the period of July 17 to 23.

Fuel Prices Unchanged For March 27 To April 2 Period

KUALA LUMPUR, March 26 (Bernama) – The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.28 and RM2.05 per litre respectively from March 27 to April 2.

Fuel Prices Unchanged For April 24 - 30

KUALA LUMPUR, April 23 (Bernama) -- The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.18 and RM2.05 per litre respectively from April 24 to April 30.

Fuel Prices Remain Unchanged From Oct 16 To 22

KUALA LUMPUR, Oct 15 (Bernama) – The retail prices of unsubsidised RON97 and RON95 petrol nationwide will remain at RM3.18 and RM2.60 per litre respectively for the period from Oct 16 to 22.

Freight forwarders given till December 2022 to meet Bumiputera equity requirement – Tengku Zafrul

KUALA LUMPUR, Sept 28 – The Ministry of Finance (MoF) has recently extended, for the second time, the exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022.

Four More BSN Mobile Banks For Sabah, Sarawak, Pahang & Perak

KUALA LUMPUR, Nov 18 (Bernama) - The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.

Floods reduce economic sector production by RM4 bln -RM8 bln – MoF

KUALA LUMPUR, Jan 20 – The Finance Ministry (MoF) said the Northeast Monsoon 2021/2022 flood disaster that hit the country in December last year has caused an estimated RM4 billion-RM8 billion reduction in the economic sector’s production value.

Flexible ringgit exchange rate has a role in reducing impact of external shocks – MOF

Thus, Bank Negara Malaysia (BNM) will continue to manage risks from domestic and external developments to deal with volatility in the foreign exchange market and be prepared to use its operational policy instruments to ensure orderly market conditions.

Fitch Ratings Affirms Malaysia’s Sovereign Credit Rating At ‘BBB+’, Outlook Stable

The Ministry of Finance (MoF) welcomes the reaffirmation of Malaysia’s sovereign credit rating at BBB+ with a Stable outlook by Fitch Ratings. This affirmation was punctuated by Malaysia’s sterling performance across key environmental, social, and...

Fitch rating affirmation a recognition of Malaysia's economic progress – PM Anwar

KUALA LUMPUR, Dec 17 (Bernama) – Fitch Ratings' latest affirmation on Malaysia's sovereign credit rating underscores its economic progress as envisioned under the MADANI Economy framework, said Prime Minister Datuk Seri Anwar Ibrahim.

Fiscal Reform To Continue, Drawing Up Medium Term Revenue Strategy - MoF

KUALA LUMPUR, July 18 (Bernama) -- The Government will continue fiscal reform initiatives including drawing up the Medium Term Revenue Strategy (MTRS), said the Finance Ministry.

Fiscal Consolidation Remains On Track: Key Highlights From Malaysia’s Q1 2025 Economic Report

The Ministry of Finance (MoF) today published its First Quarter 2025 (Q1 2025) Malaysian Economy report. Issued quarterly, the report provides an overview of the country’s macroeconomic performance and fiscal position, as part of the MADANI...

Fiscal consolidation measures to continue – MOF

measures to ensure the country’s financial position is as strong as it was in 1992-1997, said the Finance Ministry (MoF).

Fiscal And Economics Division (FED)

First-Time House Buyers To Continue Enjoying Stamp Duty Exemption -- MoF

via the Malaysian Home Ownership Initiative (i-Miliki) as provided for under Budget 2023, said the Finance Ministry (MoF).

First tranche of RM2.83 bln settlement from AMMB Holdings received – MOF

the first tranche of the RM2.83 billion settlement related to 1Malaysia Development Bhd (1MDB), the Ministry of Finance (MoF) announced today.

Finance Ministry: Govt has no plans to sell any airport asset including Subang Airport

in Malaysia including the Sultan Abdul Aziz Shah Airport (SAAS, Subang Airport) to any party, said the Ministry of Finance (MoF).

Finance Ministry to table Fiscal Responsibility Bill by year-end

KUALA LUMPUR, June 17 (Bernama) – The Ministry of Finance (MoF) plans to table the Fiscal Responsibility Bill in Parliament by the end of this year and will also include a medium-term revenue strategy and guiding principles on aspects such as a broader...

Finance Ministry to start Budget 2023 engagement process, welcomes proposals from NGOs

KUALA LUMPUR, April 1 (Bernama) – The Ministry of Finance (MoF), which will soon start its Budget 2023 engagement process, is welcoming proposals from non-governmental organisations (NGOs) on how best to empower civil society organisations to create a...

Finance Ministry to extend Budget 2024 feedback to Sept 22

KUALA LUMPUR, Sept 15 (Bernama) – Following the favourable response, the Ministry of Finance (MOF) has decided to extend the period of collecting feedback related to Budget 2024 through the Budget 2024 Proposal portal for one week until Sept 22, 2023.

Finance Ministry to delay imposing excise duty and two other taxes under Budget 2022

KUALA LUMPUR, March 21 (Bernama) -- The Ministry of Finance (MOF) has announced that an excise duty and two taxes under Budget 2022 that were scheduled to be implemented this year will be delayed to a date to be announced later. The delay involved the...

Finance Ministry tables proposed amendment for Temporary Measures Bill

KUALA LUMPUR, Sept 28 – The Finance Ministry (MoF) has tabled the Temporary Measures for Government Financing [Coronavirus Disease 2019 (Covid-19)] (Amendment) Act 2021 for the first reading in the Dewan Rakyat today.

Finance Ministry Registers MISB, OFS As New Credit Reporting Agencies

KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies...

Finance Ministry recommends creating new finance, entrepreneurial subject at secondary school level

KULAI, Oct 29 (Bernama) – The Finance Ministry (MOF) will forward a recommendation to the Education Ministry (MOE) to set up a new secondary school subject relating to finance and entrepreneurship.

Finance Ministry Hopes Madani Adopted Village Allocations Fully Utilised – Amir Hamzah

LANGKAWI, Feb 15 (Bernama) – The Finance Minsitry (MOF) expects the RM100 million allocation to develop 42 MADANI Adopted Villages throughout the country will be fully used on basic facilities this year.

Final STR Payment For This Year To Begin Tomorrow – MOF

KUALA LUMPUR, Nov 6 (Bernama) – The government will begin disbursing the final payment of the Sumbangan Tunai Rahmah (STR) for this year to 8.7 registered recipients in stages tomorrow.

Felda: Gov't Committed To Complete Recovery Plan Implementation - MoF

KUALA LUMPUR, July 9 (Bernama) -- The Unity Government is committed to ensuring the implementation of the Felda recovery plan, which includes the settlement of settlers’ debts as previously announced, is completed. Accordingly, the Finance Ministry...

Federal govt to allocate RM8.9 bln development grants for states this year – Anwar

KUALA LUMPUR, April 4 (Bernama) – The government, through the National Finance Council (NFC), has agreed to improve grants and financial support for each state amounting to RM8.9 billion this year.

Federal govt plans to implement modern agriculture projects on idle state land – Ahmad Maslan

SEREMBAN, Feb 1 (Bernama) – The federal government through government-linked companies (GLSs) under the Ministry of Finance is looking to rent or lease idle state land to implement modern agricultural projects.

Federal govt implements four enhancements to grants, support for states

to allocations channelled in various forms of grants and support to the state governments for 2021, the Ministry of Finance (MoF) said.

Federal govt debt could be fully settled in 2053 – MOF

loans were to be taken to finance the deficit and to refinance maturing debts from 2024 onwards, said the Finance Ministry (MoF).

Federal Gov't Disbursed Over RM230 Mln In Goodwill Grants To Terengganu, Kelantan

and RM58.6 million to Kelantan last week to finance the state governments’ emolument commitments. The Ministry of Finance (MOF) said that, in addition, a total of RM103.1 million was also given to the Terengganu for the state government's obligations to...

Fed govt expenditure at RM86.7 bln in Q1 2022 – MoF

total expenditure stood at RM86.7 billion in the first quarter of 2022 (Q1 2022), according to the Finance Ministry (MoF).

FAQs On BUDI95 Programme Available On Official Portal

KUALA LUMPUR, Sept 25 (Bernama) – Under the BUDI MADANI RON95 (BUDI95) initiative launched by the Ministry of Finance (MoF), Malaysians are eligible for up to 300 litres of RON95 petrol a month at a subsidised rate.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir...

Exemption of import duties, excise on CBU EVs extended until Dec 31, 2024 -- MoF

Built-Up (CBU) electric vehicles (EVs) until Dec 31, 2024 to support the use of EVs, according to the Ministry of Finance (MoF).

EPF’S Investment Funds Stand At RM1.1 Trillion As Of August 2023 - Steven Sim

Steven Sim Chee Keong (File Photo) KUALA LUMPUR, Nov 20 (Bernama) -- The Employees Provident Fund’s (EPF) total investment funds stood at RM1.1 trillion as of Aug 31, 2023, according to Deputy Finance Minister II Steven Sim. Sim said that of the...

EPF special withdrawals totalling RM101 bln benefit 7.34 mln members - MOF

KUALA LUMPUR, March 3 – The Ministry of Finance (MoF) today said the three special withdrawals from the Employees' Provident Fund (EPF), namely i-Lestari, i-Sinar and i-Citra have benefitted 7.34 million members or 58 per cent of 12.6 million members...

EPF needs to provide for cash flow to accommodate new withdrawals – MOF

Fund (EPF) needs to provide for the cash flow to accommodate any new special withdrawals, according to the Finance Ministry (MOF).

EPF embracing ESG will benefit Malaysia's capital markets and rakyat – Tengku Zafrul

KUALA LUMPUR, March 31 (Bernama) – The Employees Provident Fund’s (EPF) move to completely embrace sustainable investing and reinforce its commitment to Environmental, Social and Governance (ESG) will benefit not only the country’s capital markets but...

EPF Allocates Rm97 Bln For Domestic Investments In 2023 -- MoF

RM97 billion, or 83 per cent of its total fund allocation, for domestic investments this year, the Finance Ministry (MoF) said.

EPF 2024 Dividend Expected To Be Better Than 2023 – Amir Hamzah

PUTRAJAYA, Feb 23 (Bernama) – The Employees Provident Fund’s (EPF) encouraging performance for the third quarter of 2024 is expected to yield good returns for contributors.

Ensure Budget And Economic Growth Benefits Reach Grassroots – PM Anwar

PUTRAJAYA, Dec 5 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.

Encik Thean Ming Fatt

Encik Sedyman bin Lokiman

Encik Muhammad Farid bin Abdul Mutalib

Encik Muhammad Fahmi Nazri bin Ibrahim

Encik Muhammad Faez Firdaus bin Md Lazim

Encik Mohd Shahrizal bin Mohd Hashim

Encik Mohd Faisal bin Shamsuddin

Encik Azlan bin Ahmad

Encik Azahari bin Ali Rahman

Encik Ahmad Yudi bin Ismail

Employment, social security systems need holistic reform – Tengku Zafrul

KUALA LUMPUR, Nov 24 – It is critical that Malaysia’s employment and social security systems undergo a holistic reform to ensure adequate social security and decent work, particularly for the country’s youths, Finance Minister Tengku Datuk Seri Zafrul...

Email Application

Syarat Permohonan Warga Perbendaharaan Mendapat sokongan dari Koordinator ICT Bahagian / Pegawai Penyelia Tindakan pemohon selepas menerima akaun e-mel Menukar katalaluan sementara Perhatian Pengguna e-Mel adalah tertakluk kepada Garis Panduan...

eMADANI Provision Will Not Raise Inflation In Malaysia – Ahmad Maslan

KUALA LUMPUR, Dec 5 (Bernama) – The provision of eWallet credit of RM100 under eMadani to 10 million Malaysians is not expected to cause a rise in inflation in Malaysia.

eMADANI provision will not raise inflation in malaysia – Ahmad Maslan

KUALA LUMPUR, Dec 5 (Bernama) – The provision of eWallet credit of RM100 under eMadani to 10 million Malaysians is not expected to cause a rise in inflation in Malaysia.

eMADANI Credit: Don't Fall Prey To Scammers, Stern Action Awaits Offenders - Treasury

KUALA LUMPUR, Dec 4 (Bernama) -- The Ministry of Finance (MoF) advises members of the public to be cautious of offers by irresponsible parties providing cash-out or peer-to-peer transfers of eMADANI credit.

Eligible Malaysians Can Redeem eMADANI Credit From Today

Malaysians can redeem the RM100 eMADANI credit from 8 am today until 11.59 pm on Feb 20 next year. The Ministry of Finance (MOF), in a post on Facebook, said the public can check their eligibility on the official portal at...

Ekonomi MADANI: RM120 Billion Domestic Direct Investment Boost From Glics Under MoF-Led Programme

move to bolster Malaysia’s structural reforms as envisioned in the Ekonomi MADANI framework, the Ministry of Finance (MOF) is spearheading a programme aimed at synergising efforts across Government-Linked Entities to catalyse growth in key economic...

ECRL Progress Surpasses 78 Per Cent, First Phase To Start Operations In 2027

KUANTAN, Feb 4 (Bernama) – The overall progress of the East Coast Rail Link (ECRL) project, spanning four states – Pahang, Kelantan, Terengganu and Selangor – has reached 78.5 per cent as of last month, said Second Finance Minister Datuk Seri Amir...

Economic Stimulus Packages To Contribute 3.7–4.0 Pct To 2020's GDP – Tengku Zafrul

KUALA LUMPUR, Sept 25 – The RM10 billion PRIHATIN Supplementary Initiative Package (KITA PRIHATIN) is expected to have a positive impact on the nation’s economic growth in the fourth quarter of 2020 (Q4 2020).

Due Diligence Visits A Must To Determine Bumiputera Status Company’s Eligibility - Ahmad Maslan

Datuk Seri Ahmad Maslan KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Finance (MoF) has set that due diligence visits must be conducted to determine whether a company is eligible for Bumiputera status and not solely based on documentation to ensure...

Dr. Muhammad Khairul Ridzuan bin Mhd Sari

Dr. Faiezi bin Zuber

Don’t cash out eBeliaRahmah credit, avoid being scammed – MOF

KUALA LUMPUR, July 1 (Bernama) – The Finance Ministry (MOF) has reminded beneficiaries of the eBeliaRahmah aid programme not to put themselves at risk of falling prey to scams by attempting to cash out the RM200 credit received.

DNB: MoF appoints Asri Hamidon as chairman; Ralph Marshall as CEO

KUALA LUMPUR, March 1 – The Ministry of Finance (MoF) today announced the appointment of Datuk Asri Hamidon as chairman and Augustus Ralph Marshall as chief executive officer of Digital Nasional Bhd (DNB), to develop 5G technology in Malaysia. MoF said...

DNB : Finance Ministry will begin negotiations, offers to telcos - Annuar Musa

KOTA BHARU, March 20 (Bernama) -- The Finance Ministry (MOF) will begin a series of negotiations and offers to telecommunication companies that hold equity in Digital Nasional Berhad (DNB).

Distribution Of RM13 Bln SARA, STR Aid Begins Tomorrow, Highest In History

KUALA LUMPUR, Jan 14 (Bernama) – The distribution of the 'Sumbangan Asas Rahmah' (SARA) aid starting tomorrow will see improvements to the targetted aid resulting from the increase in the Budget 2025 allocations for the SARA and 'Sumbangan Tunai...

Disbursement of STR Phase 1 begins today

KUALA LUMPUR, Jan 29 (Bernama) – Disbursement of the cash aid Sumbangan Tunai Rahmah (STR) Phase 1 to 8.2 million recipients begins today.

Direct, indirect tax collection stands at RM67.4 bln and RM24.8 bln respectively as of July 2021

cent of the target and RM24.8 billion or 59 per cent of the target, respectively, as of July 2021, the Ministry of Finance (MoF) said.

Diesel, RON95 Prices Unchanged, RON97 Up Five Sen – MOF

KUALA LUMPUR, April 2 (Bernama) – The retail price of diesel and RON95 petrol will remain unchanged while that of RON97 will increase by five sen to RM3.33 per litre from tomorrow until April 9.

Diesel price in Peninsula drops to RM3.30 per litre from tomorrow

KUALA LUMPUR, Aug 7 (Bernama) – The retail price of diesel in Peninsular Malaysia will be reduced by five sen to RM3.30 per litre from tomorrow until Aug 14.

Diesel Price In Peninsula Down by Five Sen - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The retail price of diesel in Peninsular Malaysia will be reduced by five sen to RM2.85 per litre for the period Aug 21 to 27.

Diesel price down by 5 sen in Peninsular Malaysia, no change in petrol prices

KUALA LUMPUR, Aug 14 (Bernama) -- The retail price of diesel in Peninsular Malaysia will be reduced by 5 sen per litre to RM3.25 per litre, while the retail price of diesel in Sabah, Sarawak and Labuan will remain unchanged at RM2.15 per litre.

Diesel price down by 5 sen in Peninsular Malaysia, no change in petrol prices

KUALA LUMPUR, Aug 14 (Bernama) -- The retail price of diesel in Peninsular Malaysia will be reduced by 5 sen per litre to RM3.25 per litre, while the retail price of diesel in Sabah, Sarawak and Labuan will remain unchanged at RM2.15 per litre.

DFIs urged to play their role in economic recovery efforts

KUALA LUMPUR, Sept 6 – Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has urged Development Financial Institutions (DFIs) to provide their full support to the country during the recovery period, particularly as the objective of DFIs is to...

Dewan Rakyat Passes seven motions tabled by Finance Ministry

Aug 4 (Bernama) – The Dewan Rakyat today passed a motion for the government, through the Minister of Finance (Incorporated) (MoF Inc), to make investment this year by changing the status of the remaining government loan totalling RM969.268 million to...

Dewan Rakyat passes one bill, two motions tabled by MOF

(Amendment) Bill 2020, a motion to appoint Member of the Select Committee and two motions tabled by the Ministry of Finance (MOF) involving government funding.

Dewan Rakyat passes Finance Bill 2021 with voice vote

KUALA LUMPUR, Dec 15 — The Dewan Rakyat today passed the Finance Bill 2021 with a majority voice vote.

Dewan Negara passes Public Finance and Fiscal Responsibility Bill 2023

KUALA LUMPUR, Nov 27 (Bernama) – The Dewan Negara has passed the Public Finance and Fiscal Responsibility Bill 2023, which is aimed at providing provisions for the government’s fiscal responsibility, accountability, governance, and transparency in...

Dewan Negara passes 3 Bills under MOF

KUALA LUMPUR, 10 April (Bernama) – The Dewan Negara Assembly today passed three bills under the Ministry of Finance (MoF) related to supplementary government expenditure, tax administration improvements and the levy of extraordinary profits.

Development Financial Institutions Need To Play A Role In National Economic Recovery Efforts

In formulating Malaysia’s economic recovery strategy, the Ministry of Finance (MOF) sees Development Financial Institutions (DFI) as having a strategic and important role in the country’s effort to restore and retain the capacity of businesses to...

Developing & Financing Green Housing In Asia Conference 2022

and tracking SDG programmes nationwide. In addition, the Environment and Water Ministry (KASA), in collaboration with the MOF and Bursa Malaysia, is in the midst of finalizing the carbon market framework by the end of this year. We will also table the...

Deloitte to pay RM324 mln to Malaysian govt for 1MDB, SRC settlement

of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) from 2011 to 2014, said the Ministry of Finance (MoF).

Delegasi MOF mengadakan mesyuarat dua hala dengan AMRO dan beberapa negara seperti Jepun, Korea dan China

Delegasi Kementerian Kewangan yang diketuai oleh YBhg. Dato’ Zamzuri Bin Abdul Aziz, Timbalan Ketua Setiausaha Perbendaharaan (Dasar) Kementerian Kewangan hari ini berkesempatan mengadakan beberapa mesyuarat dua hala dengan AMRO dan beberapa negara...

Definition of statutory debt has not changed since 2009 – Tengku Zafrul

KUALA LUMPUR, March 24 – The definition of the country’s statutory debt has not changed since 2009, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Deficit target revised to 6 pct of GDP, statutory debt still below Parliament-approved limit – MOF

KUALA LUMPUR, May 27 – The government has revised the deficit target to six per cent from 5.4 per cent of Gross Domestic Product (GDP) for 2021, having factored in continuing measures from 2020 economic stimulus packages, as well as the PERMAI and...

Datuk Mariam binti Ilias

Dato' Muhammad Bukhari bin Ab Hamid

Datin Samihah binti Rhazali

Cukai Makmur helps healthcare financing – Tengku Zafrul

KUALA LUMPUR, Oct 30 – “Cukai Makmur” (the Prosperity Tax) proposed in Budget 2022 can help finance the country's high healthcare costs as it is still waging war against the COVID-19 pandemic.

Courtesy Call By Dalian Municipal People’s Government

YBhg. Dato’ Zamzuri Abdul Aziz, Deputy Secretary General of Treasury (Policy), had the opportunity to meet with Mr. Baolin Qiu, Acting Mayor of Dalian, on the sidelines of the 4th ASEAN+3 Task Force Meeting on 29 October 2025. The discussion focused on...

Country's Financial Situation Stable; Debt at a Manageable Level

perceived as intending to mislead the public on the country's financial position and debt situation, the Ministry of Finance (MOF) would like to inform that the country's fiscal position remains strong and the Federal Government debt is at a manageable...

Corporate Communications Unit

Coordinated Govt Actions Bolster ringgit As Asia's Top Performing Currency - MoF

of coordinated actions by the government and Bank Negara Malaysia (BNM) since Feb 26, 2024, said the Ministry of Finance (MOF).

Control external expenditure, avoid additional financial implications – MoF

measures to control external expenditure to avoid additional financial implications, according to the Ministry of Finance (MoF).

Contributors to Disaster Trust Account eligible for tax deductions – MoF

contribute to the Disaster Trust Account (Akaun Amanah Bencana) will be eligible for tax deductions, the Ministry of Finance (MoF) said.

Consumer Credit Act 2025 To Be Gazetted By Year-end

PUTRAJAYA, Sept 5 (Bernama) – The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical...

Committee to find commercial solutions over Sarawak’s petroleum sales tax claim

KUALA LUMPUR, Aug 11 – A committee has been set up to facilitate negotiations between the Sarawak and federal governments to find commercial solutions over the state’s claim against Petronas for the payment of the petroleum products sales tax and 20...

Commemorative Speech Education Forum by UNIRAZAK “Economic Leadership”

I now represent an agency which traces its lineage even before our nation’s independence. The Ministry of Finance (MOF) traces its roots all the way to the final years of British Malaya. Before Merdeka, as a means to fully centralise the financial...

Collapse of US-based bank has minimal impact on Malaysia's banking sector – MoF

KUALA LUMPUR, March 15 (Bernama) – The exposure of Malaysia’s banking institutions to the collapse of United States (US)-based Silicon Valley Bank (SVB) is minimal and limited based on the authorities’ assessment, according to Deputy Finance Minister...

Clarification to The Star on SARA and Penghargaan SARA

Dear Editor, We thank The Sunday Star for its coverage of the Sumbangan Asas Rahmah (SARA) and Penghargaan SARA programmes in the 7 December 2025 issue.

Clarification On SST Expansion

The Ministry of Finance (MOF) would like to clarify on news reports that questioned the application of Sales Tax on local fruits. This arises from the potential confusion of tropical fruits being included in the Sales Tax Gazette Order PU(A) 170/2025...

Clarification On Impact of Sales Tax On Raw Sugar

The Ministry of Finance (MOF) would like to clarify MSM Malaysia Holdings Berhad’s statement regarding the impact of the revised Sales Tax on raw sugar. MOF wishes to emphasise that refined sugar (or commonly known as white sugar) remains untaxed under...

Claim for RM300 million e-wallet credit for two million Youths Opens on June 1 – MoF

PUTRAJAYA, May 17 – Approximately two million eligible Malaysian youths and full-time students are invited to claim RM150 of e-wallet credit under the eBelia programme next month, the Ministry of Finance announced.

CIMB’S The Cooler Earth Summit 2021 Opening Address

in the green economy from the launch of the Green Jobs Portal. Complementing KASA’s efforts is a stronger emphasis by MOF in pursuing the green agenda. Beginning with Budget 2021, we have mapped our budget initiatives to the Sustainable Development...

Cik Siti Nur Balqish binti Aminuddin

Cik Nurul Nadia binti Yahya

Cik Nor Hazwani binti Zulkarnain

Cik Nik Fadzleen binti Nik Ibrahim

Chairman's Office

CGC 27th FI/DFI & SME Awards 2021

take steps to remain relevant and competitive, particularly in the face of uncertainties and new challenges. As such, we at MOF feel that the three most important steps to secure the nation’s economic recovery and future resilience are: (One) Ensuring...

Call for existing STR recipients to update data before March 31

KOTA BHARU, March 15 (Bernama) -- The Ministry of Finance (MOF) called on all existing recipients of Rahmah Cash Aid to update their data, and for eligible individuals to submit their applications before March 31.

Cabinet agrees to improve TH operations, management – MoF

Wednesday agreed to improve the management and operations of Lembaga Tabung Haji (TH) as a whole, said the Finance Ministry (MoF).

C4IR to accelerate technology usage, ensure more equitable, inclusive and sustainable growth

KUALA LUMPUR, May 27 (Bernama) – The Centre for the Fourth Industrial Revolution (C4IR) will help accelerate the adoption of technologies that guarantee more equitable, inclusive and sustainable growth once the economy recovers from the COVID-19...

Bursa Malaysia Forum – Menang Bersama: Rebuilding Malaysia’s Economy Together

insurance programmes. And finally, tracking all these initiatives with the use of data as much as practicable. At the MOF level, LAKSANA tracks the implementation of measures to ensure we achieve the desired outcomes, with tweaks, fine-tunes and...

Bursa Malaysia Expected To Remain Buoyant -- MoF

(US) will cut its interest rate, which will help reduce the impact from the Middle East conflict, said the Finance Ministry (MOF).

BUDI95: RM2.6 Million In RON95 Transactions Recorded On First Day - MOF

KUALA LUMPUR, Sept 27 (Bernama) – Purchases of RON95 petrol at the subsidised price of RM1.99 per litre, under the BUDI MADANI RON95 (BUDI95) initiative, amounted to RM2.6 million on its first day of implementation, as of 9 pm tonight.

BUDI95: Public Advised To Check MyKad, Driving Licence Details – MOF

PUTRAJAYA, Sept 29 (Bernama) – As the full implementation of the BUDI MADANI RON95 (BUDI95) targeted subsidy system begins tomorrow, the government is urging the public to ensure that the information on their MyKad and driving licence is accurate to...

BUDI95: Over 13 Million Malaysians Enjoy RM800 Million In Savings In First Month

KUALA LUMPUR, Nov 1 (Bernama) – A total of 13.1 million Malaysians have made transactions under the BUDI MADANI RON95 (BUDI95) programme, with a spending value of RM2.66 billion in the first month of its implementation from Sept 30 to yesterday.

BUDI95: Over 10 Million Malaysians Benefit, Response Very Encouraging - MOF

KUALA LUMPUR, Oct 8 (Bernama) – Over 10 million citizens, out of 16 million eligible Malaysians, benefited from the targeted RON95 petrol subsidy under the BUDI95 initiative as of 4 pm today, resulting in a 62.5 per cent participation rate.

BUDI95: Govt To Finalise Extra E-hailing Driver Eligibility This Week

KUALA LUMPUR, Sept 30 (Bernama) – The Ministry of Finance (MOF) and the Land Public Transport Agency (APAD) will finalise the application process for additional eligibility caps for e-hailing drivers under the BUDI MADANI RON95 (BUDI95) this week.

BUDI95 Tiered Eligibility For e-Hailing Drivers To Be Activated Mid-Month – MOF

targeted subsidy programme for e-hailing drivers will be activated in the middle of each month, said the Ministry of Finance (MoF).

BUDI95 Sees Nearly Three Million Users, Sales Exceed RM91 Million In Four Days - Amir Hamzah

KUALA LUMPUR, Sept 30 (Bernama) – The BUDI MADANI RON95 (BUDI95) targeted subsidy initiative has recorded nearly three million users with sales exceeding RM91 million over the first four days, says Finance Minister II Datuk Seri Amir Hamzah Azizan.

BUDI95 Quotas For e-hailing Drivers Based On Fuel Usage, Details Oct 15 – Amir Hamzah

PUTRAJAYA, Oct 8 (Bernama) – Eligibility for additional quotas under the BUDI MADANI RON95 (BUDI95) initiative for e-hailing and p-hailing drivers will be determined based on their fuel consumption, Finance Minister II Datuk Seri Amir Hamzah Azizan...

BUDI95 Expanded To Sarawak Boat Users, e-Hailing Fuel Cap Raised To 600 Litres – MoF

PUTRAJAYA, Oct 13 (Bernama) – Eligibility for the BUDI MADANI targeted subsidy for RON95 petrol (BUDI95) has now been expanded to include registered boat users in Sarawak, while the monthly fuel allocation for full-time e-hailing drivers has been...

Budget 2026 To Reinforce Reform Agenda In Healthcare, Education And Labour Market

KUALA LUMPUR, Aug 8 (Bernama) -- Budget 2026 will address key findings by the Joint Ministerial Committee on Private Healthcare Costs (JMCPHC), with a focus on tackling the issue of rising healthcare costs.

Budget 2026 To Factor In Input On KL’s Competitiveness As Financial Centre, Business Hub - MoF

financial centre and global business hub will be considered in the 2026 Budget, according to the Ministry of Finance (MoF). In a post on X, the ministry said the session was chaired by Deputy Secretary General of Treasury (Investment) Datuk Dr Shahrazat...

Budget 2026 To Continue Providing Socioeconomic Aid

KUALA LUMPUR, Aug 8 (Bernama) -- Budget 2026 will continue to provide socioeconomic assistance to protect high-risk groups affected by the cost of living pressure.

Budget 2026 To Be Tabled In Parliament On Oct 10 – MOF

8 (Bernama) – The government is scheduled to table Budget 2026 in parliament on Oct 10, 2025, said the Ministry of Finance (MOF).

Budget 2026 Formulated With Comprehensive Fiscal Approach – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) – The fiscal approach for Budget 2026 has been formulated comprehensively, covering federal operating and development expenditures as well as catalytic investments by government-linked entities, said Finance Minister II...

Budget 2026 Aims To Lift Ceiling Of National Growth, Achieve High-income Status

competitive and sustainable economy grounded in humanistic values and social justice, according to the Finance Ministry (MOF).

Budget 2025 To Target Cost Of Living Reduction – PM Anwar

PUTRAJAYA, Aug 6 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim wants Budget 2025, which will be presented on October 18 in the Dewan Rakyat, to focus on addressing and reducing the cost of living.

Budget 2024: MOF to hold physical, online engagement sessions

PUTRAJAYA, July 14 (Bernama) – The Finance Ministry (MOF) will be holding Budget 2024 engagement sessions physically and online to obtain the input of various parties for the tabling of the budget, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

Budget 2024 Portal Receives 10,000 Feedback Responses - Sim

BUKIT MERTAJAM, Sept 23 (Bernama) -- The Ministry of Finance (MOF) has received 10,000 feedback responses from the public through the Budget 2024 proposal portal, said its Deputy Minister II Steven Sim Chee Keong. Meanwhile, the face-to-face engagement...

Budget 2023: Strengthening Recovery, Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia

The Ministry of Finance (MOF) has issued its Pre–Budget Statement (PBS) in preparation for the 2023 Budget, which will prioritise building on the current momentum of economic recovery and continuing reforms to enhance socio- economic resilience.

Budget 2023: Private Sector Invited to Provide Feedback on Tax-Related Public Consultation Paper

The Ministry of Finance (MOF) has published a Budget 2023 Public Consultation Paper (PCP) titled "The Implementation Of Globe Rules In Malaysia", related to Malaysia's involvement in the implementation of the Global Anti-Base Erosion (GloBe) Model...

Budget 2023: MoF seeks feedback on utilisation of local R&D outcome

KUALA LUMPUR, Sept 1 (Bernama) – The Ministry of Finance (MoF) is inviting all parties to provide feedback to the Budget 2023 Public Consultation Paper (PCP) titled “Goods, Services and Technology Utilisation Policy from Local Research and Development...

Budget 2023: MOF seeking public feedback on Govt's Green Procurement Policy

KUALA LUMPUR, Aug 24 (Bernama) – The Ministry of Finance (MoF) is inviting members of the public to give their feedback to the Budget 2023 Public Consultation Paper (PCP) on “Improving the Government’s Green Procurement Policy” before or on Sept 12,...

Budget 2023: MoF committed to support medical device sector

Tengku Datuk Seri Zafrul Tengku Abdul Aziz (File pix) GEORGE TOWN, 6 Sept (Bernama) -- The Ministry of Finance (MoF) is committed to continue supporting the medical device sector as one of the main growth sectors at the tabling of Budget 2023 on Oct 7....

Budget 2023: Govt building resilience through jobs and social protection

KUALA LUMPUR, 3 June – The government would focus on facilitating employment, re-employment, and social protection, especially among the selfemployed and informal sector workers, as well as targeted assistance to provide the optimum social safety net...

Budget 2023 to take account of current economic challenges -- PM

“As such, we must address these issues to ensure we remain competitive,” he said while addressing the Finance Ministry’s (MoF) monthly gathering here today. Also present were Deputy Finance Ministers Datuk Seri Ahmad Maslan and Steven Sim. Anwar said...

Budget 2023 to continue current recovery momentum, focus on structural reforms – Tengku Zafrul

KUALA LUMPUR, July 7 (Bernama) – Budget 2023 will continue the current recovery momentum and focus on structural reforms and strengthen the country’s economic resilience, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Budget 2023 tabling important for investors’ confidence, policy reference - MoF

and investment sectors for planning purposes, especially regarding the country’s economic prospects, the Ministry of Finance (MoF) said. Furthermore, it said the economic and gross domestic product (GDP) growth forecasts were only published by the...

Budget 2023 Highlight: Keluarga Malaysia, Makmur Bersama

KUALA LUMPUR, Oct 7 (Bernama) -- Here are the highlights of Budget 2023 presented by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in Parliament today.

Budget 2023 essentials

KUALA LUMPUR, Oct 7 (Bernama) -- Here are the essence of Budget 2023 presented by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in Parliament today. Budget 2023, which is themed Keluarga Malaysia, Makmur Bersama is driven by the 3Rs -...

Budget 2022: Govt to increase tax revenue, address leakage

KUALA LUMPUR, Aug 31 – The government is considering measures to increase tax revenue through increased tax compliance as well as address the issue of revenue leakages, especially involving the smuggling of high-duty goods estimated at RM5 billion per...

Budget 2022 will strive to be inclusive, catalysing economic recovery, resilience and reform

KUALA LUMPUR, Aug 31 – Budget 2022 will strive to ensure that no person or business is left behind in receiving government assistance and support and serves as a catalyst towards the implementation of the 12th Malaysia Plan (12MP) that will drive...

Budget 2022 to focus on rakyat still affected by COVID

KUALA LUMPUR, Oct 2 – Budget 2022 will focus on people still adversely impacted by the COVID-19 pandemic, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

Budget 2021 For JPM, MOF Passed at Committee Stage Through Bloc Voting

KUALA LUMPUR, Nov 30 – The Supply Bill or Budget 2021 for the Prime Minister’s Department (JPM) and the Ministry of Finance (MOF) was passed at the committee stage today through a bloc voting which saw over 100 MPs voted in favour of the bill, while 95...

BSH Phase 3 payments to be made beginning Friday

KUALA LUMPUR, July 20 – Phase 3 of the Cost of Living Assistance (BSH) 2020 payments will be made from this Friday, involving an allocation of RM3 billion.

BPN: Govt has distributed more than RM4.8 bln to B40 group

KUALA LUMPUR, April 17 – The government has distributed the Bantuan Prihatin Nasional (BPN) aid to 6.5 million recipients in the B40 low income group, involving a payment of more than RM4.8 billion, to-date.

BPN phase 2 expected to complete by this weekend – Tengku Zafrul

KUALA LUMPUR, May 12 – The Ministry of Finance (MoF) has targeted to complete all payments for Bantuan Prihatin Nasional (BPN) Phase 2 latest by this weekend.

BNM’s disaster relief facility increased to RM500 mln for flood-hit MSMEs – MoF

KUALA LUMPUR, Dec 26 – The Ministry of Finance (MoF) has reiterated the increase in funding for the Disaster Relief Facility (DRF) 2022 by Bank Negara Malaysia.to RM500 million from RM200 million.

BNM, SC To Establish Integrated Dispute Resolution Scheme In 2025 - MoF

as the Financial Markets Ombudsman Service (FMOS) for the financial and capital market sector, said the Finance Ministry (MOF).

BNM to reveal interim measures on rising insurance premiums next week – Amir Hamzah

KUALA LUMPUR, Dec 12 (Bernama) – Bank Negara Malaysia (BNM) will announce further details on interim measures to address the rise in insurance premiums next week.

Blanket Moratorium Valued At RM89.6 Bln – MoF

KUALA LUMPUR, Sept 22 – The blanket loan repayment moratorium was valued at RM89.6 billion as of Sept 11, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Bernama - Up To Khazanah To Sort Out Malaysia Airlines' Quandary - Tengku Zafrul

to sort it out. “We have consistently said that this is the matter where Khazanah have to involve. “The Ministry of Finance (MoF) will not be injecting any (more) cash or capital into the airline through Khazanah… so Khazanah (as the sole owner) will...

Bernama - MOF Sets Up Committee To Study Reinstatement Of GST

KUALA LUMPUR, Nov 23 - The Ministry of Finance (MoF) has set up a committee to study various revenue enhancing measures, including the possibility of reintroducing the Goods and Services Tax (GST), according to Maybank Investment Bank (Maybank IB)...

Bernama - LAKSANA Also Monitors Implementation Of Budget 2021 Initiatives

- The Economic Stimulus Implementation and Coordination Unit Between National Agencies (LAKSANA) at the Ministry of Finance (MoF) not only monitors and ensures the implementation of stimulus packages, but also each initiative under Budget 2021. Treasury...

Bernama - Govt Allocates More Than RM1.7 Bln To Fight COVID-19, Ready To Add More If Necessary: MOF

KUALA LUMPUR, Oct 19 - The government has allocated more than RM1.7 billion to fight COVID-19 transmission, channelled through 14 ministries and state governments, and remains committed in ensuring that the frontliners as well as the healthcare system...

Bernama - Finance Ministry Denies Approving Loan To Any Airline

KUALA LUMPUR, 13 Oct - The Ministry of Finance (MoF) has denied approving any loan to airlines affected by the COVID-19 pandemic. Nikkei Asia reported today that AirAsia Group had secured RM1 billion lifeline in the form of loan from the government to...

Bernama - Budget 2021: Suggestions By PH Will Be Considered In The Best Interest Of People - Tengku Zafrul

business sector as well as entailed six key proposals. “I also shared with them the economic challenges faced as well as what MOF (the Ministry of Fincance) has in mind for Budget 2021. I thank the PH delegation for sharing their diverse views and...

Bernama - BPN 2.0 To Be Paid In Stages From Oct 26 - MOF

KUALA LUMPUR, 16 Oct - Payment for the first phase of Bantuan Prihatin Nasional (BPN 2.0) amounting to RM7 billion will be channeled to the existing 10.6 million eligible recipients in stages starting Oct 26. The Ministry of Finance in a statement...

Be wary if you receive calls related to STR, SARA – MOF

PUTRAJAYA, May 10 (Bernama) – The Ministry of Finance (MOF) has cautioned the public about potential scams involving the official Rahmah Cash Aid (STR) or Rahmah Basic Donation (SARA) lines, where large payments are requested.

Banks ready to offer assistance to flood-affected borrowers

KUALA LUMPUR, Dec 19 – The banking sector is ready to offer repayment assistance for borrowers affected by the floods, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said today.

Bank Negara teams up with MoF, SC to regulate BNPL schemes

KUALA LUMPUR, March 30 (Bernama) – Bank Negara Malaysia (BNM) BNM is working together with the Ministry of Finance (MoF) and Securities Commission Malaysia (SC) to regulate and monitor “Buy Now Pay Later” (BNPL) schemes through the enactment of the...

Bank Negara Continues To Hold Discussions To Improve Pep Procedures - Mof

time to improve internal processes and procedures related to politically exposed persons (PEP), said the Ministry of Finance (MoF). Deputy Finance Minister II Steven Sim Chee Keong said the central bank would also review and improve internal processes...

Balance of Budget 2023 must be utilised before year end – Ahmad

PONTIAN, Nov 25 (Bernama) – The government still has balance of funds from Budget 2023 involving development expenditure (DE) as well as operating expenditure (OE) which should be put to use until the end of the year.

Avoid Falling Prey To SARA Aid Registration Scam -- Amir Hamzah

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Finance (MOF) has urged the public not to be deceived by fraud or scam inviting them to register for the Sumbangan Asas Rahmah (SARA) appreciation initiative announced by the MADANI government, said...

Asia-Pacific Economic Cooperation (APEC) Virtual Finance Ministers’ Meeting (AVFMM) 2020

Malaysia, through its Ministry of Finance (MOF), hosted the APEC Virtual Finance Ministers’ Meeting (AVFMM) on 25 September 2020. His Excellency Tengku Dato’ Sri Zafrul Tengku Abdul Aziz, Minister of Finance, chaired the meeting which was attended by...

Asean+3 Working Committee meeting outlines Asean’s 2025 main economic priorities

Asean 2025, which include increasing access to sustainable and fair climate transition financing, said the Finance Ministry (MOF).

Asean+3 Working Committee meeting outlines Asean’s 2025 main economic priorities

Asean 2025, which include increasing access to sustainable and fair climate transition financing, said the Finance Ministry (MOF).

ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities

2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).

ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities

2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).

Asean+3 Working Committee meeting outlines Asean's 2025 main economic priorities

2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MOF).

ASEAN Taxonomy for Sustainable Finance, Version 1

The Ministry of Environment and Water (KASA) and Ministry of Finance (MOF) welcome the ASEAN Taxonomy for Sustainable Finance, Version 1 (ASEAN Taxonomy), released by the ASEAN Taxonomy Board (ATB) in conjunction with the 26th United Nations Climate...

Applications For Refunds Under SKDS 2.0 Open On July 1 - MoF

refunds from recipients of the Subsidised Diesel Control System (SKDS) 2.0 on July 1, according to the Ministry of Finance (MOF). This facility is available exclusively to owners of eligible logistics vehicles whose applications have been approved under...

Applications for Rahmah Cash Aid now open

submit their application and update their information online from today until March 31, according to the Finance Ministry (MOF).

Application For Interim Refund Mechanism For Eligible Logistics Vehicles Extended

The Ministry of Finance (MoF) is extending the interim refund mechanism for eligible logistics vehicle owners who have not yet received their fleet cards until August 2024. This facility is available to owners of eligible logistics vehicles whose...

APEC Finance Ministers' Process A Platform To Support Economies In Managing COVID19 – Tengku Zafrul

KUALA LUMPUR, Sept 25 – The APEC Finance Ministers’ Process is an excellent platform to discuss and exchange views on regional economic and financial development, as well as national and regional socio-economic priorities, Finance Minister Tengku Datuk...

Anwar Seeking Prayers From All Malaysians To Ensure Smooth Process When Tabling 2026 Budget

PUTRAJAYA, Oct 9 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim today appealed to all Malaysians to pray for a smooth process during the tabling of the 2026 Budget tomorrow.

Anwar Joins MOF Staff In Hari Raya Celebration

Datuk Seri Anwar Ibrahim today took time to attend the Hari Raya Aidilfitri celebration hosted by the Ministry of Finance (MOF) at its headquarters.

Anwar Inaugurates Seberang Perai UTC, To Serve Over One Million Residents

BUTTERWORTH, Nov 8 (Bernama) – Datuk Seri Anwar Ibrahim today officiated the opening of the Seberang Perai Urban Transformation Centre (UTC) at the Penang Sentral Transport Terminal here, which is expected to benefit more than one million residents in...

AMMB to pay RM2.83 bln to Malaysian govt for 1MDB-related settlement

KUALA LUMPUR, Feb 26 – The Ministry of Finance (MoF) has announced that AMMB Holdings Bhd (AMMB) has agreed to a RM2.83 billion global settlement on all outstanding claims and actions in relation to the AmBank Group’s involvement in the 1Malaysia...

Amir Hamzah leads Malaysian delegation to IMF, WBG spring meetings

KUALA LUMPUR, April 18 (Bernama) – Finance Minister II, Datuk Seri Amir Hamzah Azizan is leading Malaysia's delegation to Washington DC, United States, to attend the 2024 Spring Meetings of the International Monetary Fund (IMF) and World Bank Group...

Amir Hamzah leads Malaysian delegation to 28th ASEAN Finance Ministers' Meeting

KUALA LUMPUR, April 3 (Bernama) – Finance Minister II Datuk Seri Amir Hamzah Azizan is leading a Malaysian delegation to the 28th ASEAN Finance Ministers’ Meeting in Luang Prabang, Laos, from today until Friday.

Amir Hamzah leads delegation to meeting with investors in New York

KUALA LUMPUR, April 15 (Bernama) – Finance Minister II Datuk Seri Amir Hamzah Azizan is leading the Malaysian delegation to a meeting with investors in New York, United States (US) from April 14-16, 2024.

Amendment To Accountants Act May Be Tabled In Parliament Early Next Year – Ahmad Maslan

KUALA LUMPUR, June 13 (Bernama) – The proposed amendment to the Accountants Act 1967, which is aimed at improving regulation for the accounting profession in Malaysia, may be tabled at the earliest parliamentary session next year, said Deputy Finance...

Almost 20 automotive companies agree to participate in discount voucher initiative – MoF

have agreed to participate in the Keluarga Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

All payments for govt services to be made on cashless basis by 2022 – Tengku Zafrul

KUALA LUMPUR, June 8 – The Ministry of Finance (MoF), under the recently launched MyDigital, will ensure that payments for all government services will be made on cashless basis by 2022, its Minister, Tengku Datuk Seri Zafrul Abdul Aziz said.

AKPK Benefits 1.4 Million Individuals As At December 2024 – MOF

KUALA LUMPUR, March 12 (Bernama) – The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt...

Aidilfitri MOF

Ahmad Maslan: Appointment of federal statutory bodies, GLC’s chairmen, board members needs to be done carefully

PONTIAN, 26 Dec (Bernama) -- The appointment of all chairmanships and board members involving federal statutory bodies and government-linked companies (GLCs) should be done carefully and not hastily.

Agencies

Kerajaan Persekutuan Pembelian Kereta Rasmi Jawatan Semasa Bersara Oleh Pegawai Badan Berkanun Persekutuan/Kerajaan Negeri MOF ICT Steering Committee (JPICT) JPICT Information, Ministry of Finance Malaysia Presentation Template Application for Technical...

After Apples And Oranges, MOF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and...

Activation Of Bank ATM In Nenggiri Constituency To Be Expedited - MOF

GUA MUSANG, Aug 10 (Bernama) -- The activation of an automated teller machine (ATM) in the Nenggiri state constituency, here, will be expedited to meet the needs of local residents and will be expanded to ensure that all citizens can receive the basic...

ACP Branking Junior Anak Buckley

A year of difficulty provides valuable experience for MOF to deal with pandemic impact

KUALA LUMPUR, March 6 -- Like other countries around the world, Malaysia was not spared the fury of the Covid-19 pandemic and suffer the devastating consequences.

88,620 took GOpinjam loans totalling RM91.1 mln as of end-March 2023 – MOF

KUALA LUMPUR, June 17 (Bernama) – A total of 88,620 individuals took loans through the GOpinjam initiative totalling RM91.1 million as of the end of March 2023.

8.5 Million To Receive STR Phase 2 Payment From March 24 - MOF

KUALA LUMPUR, March 21 (Bernama) -- The government will commence disbursing Phase 2 of the Sumbangan Tunai Rahmah (STR) or Rahmah Cash Contribution this Monday (March 24), with an allocation of RM1.7 billion, up from RM1.5 billion last year.

5G deadline remains or Malaysia risks losing out to peers – Tengku Zafrul

KUALA LUMPUR, June 17 (Bernama) – The government is willing to consider fiscal incentives to assist telcos’ transition to 5G, to mitigate any short-term commercial consequences of providing 5G services to their customers.

50,000 students to receive CERDIK devices by end-May 2021, another 100,000 by end–Sept

KUALA LUMPUR, April 25 – CERDIK, a GLC-driven CSR pilot initiative to provide digital access to education via accessibility of devices and data connectivity, is targeting for at least 50,000 students to receive their devices by end-May, with the...

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

3R initiative by MOTAC, MoF for business events industry recovery – Nancy

KUALA LUMPUR, March 23 (Bernama) – The Ministry of Tourism, Arts and Culture (MOTAC) and Ministry of Finance (MoF) through the Malaysia Convention and Exhibition Bureau (MyCEB) will launch a 3R Initiative as a recovery programme for the business events...

22 Million MyKad Holders Can Check Eligibility For SARA Appreciation Aid Starting Today - MOF

Rahmah (SARA) Appreciation Aid via the official SARA portal at http://sara.gov.my, starting today, the Ministry of Finance (MOF) announced.

2026 Budget Is The First To Support The Goals Of The 13th Malaysia Plan – Amir

PUTRAJAYA, August 7 (Bernama) – The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan (13MP) and will focus on three main pillars, namely raising the ceiling,...

2022 development expenditure performance at 50.35 pct – PM Ismail Sabri

KUALA LUMPUR, Aug 19 (Bernama) – This year’s federal development expenditure (DE) performance until Aug 15 recorded an increase to 50.35 per cent compared to 26.4 percent on April 15, Datuk Seri Ismail Sabri Yaakob said.

1MDB: Malaysia gets RM340.92 mln from KPMG, has received RM19.138 bln in total

RM340.92 million (US$80 million) which was deposited into Malaysia’s Assets Recovery Trust Account, the Ministry of Finance (MOF) announced today.

1MDB: JPMorganChase To Pay RM1.4 Bln To Govt As Settlement - MoF

set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).

14.2 per cent Q3 GDP growth a proof of accurate and fruitful policies during COVID-19 crisis -- Tengku Zafrul

KUALA LUMPUR, Nov 11 (Bernama) -- The gross domestic product (GDP) growth of 14.2 per cent in the third quarter (Q3) of this year is proof that a lot of the policies implemented during the COVID-19 crisis are accurate and fruitful, Minister of Finance...

13th Annual CGS–CIMB Malaysia Virtual Corporate Day 2021

a National Employment Council, chaired by the Prime Minister himself, and with participation from relevant Ministries such as MOF, Education, Higher Education and Human Resource. This shows seriousness on the part of the government to generate...

'I've always cooperated closely with KKMM Minister on 5G' – Tengku Zafrul

(Bernama) – The single 5G network or Single Wholesale Network (SWN) concept has been discussed between the Finance Ministry (MoF) and the Communications and Multimedia Ministry (KKMM) in Cabinet since 2019.

'I did my job to the best of my ability' – Tengku Zafrul

KUALA LUMPUR, Aug 16 – Tengku Datuk Seri Zafrul Abdul Aziz said his 18-month tenure as Finance Minister was the biggest honour and privilege for him to serve the country.

'Failed economy' allegation is baseless – Tengku Zafrul

KUALA LUMPUR, Sept 21 (Bernama) – Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has refuted the claims of some parties that the government had failed to manage the nation’s economy, saying that the facts and figures are more than...

Non-Subsidised RON95 Retail Price Set At RM2.60 Per Litre As BUDI95 Commences

With the implementation of the BUDI MADANI RON95 (BUDI95) programme effective 30 September 2025, the RON95 retail price without subsidy has been set at RM2.60 per litre. Through the targeted subsidy approach, BUDI95 enables Malaysians to enjoy petrol...

Ms. Lee Mun Leng

Mrs. Fazariah binti Salleh

MOF And MOH Establish Joint Ministerial Committee On Private Healthcare Costs (JMCPHC)

The Ministry of Finance (MOF) and the Ministry of Health (MOH) have formalised the Joint Ministerial Committee on Private Healthcare Costs (JMCPHC), building on on-going engagements among various stakeholders, to address rising private healthcare and...

Ministry Of Finance Extends Closing Of Cadangan Belanjawan 2024 To 22 September

Following an encouraging response, the Ministry of Finance (MOF) has decided to extend the period for collecting suggestions and feedbacks pertaining to Belanjawan 2024 through the Cadangan Belanjawan 2024 by a week until 22 September 2023.

Malaysia Retained In FTSE Russell’s World Government Bond Index

policies and initiatives aimed at continuously improving market accessibility and liquidity. The Ministry of Finance (MOF) would like to recognise the efforts by all relevant parties, particularly Bank Negara Malaysia (BNM), the Financial Markets...

Launch of The Edotco Sustainability Blueprint and Report 2021

changes to its Listing Requirements aimed at improving sustainability disclosures for listed companies across all sectors. MoF’s second main strategy in achieving this ESG agenda is to empower SMEs through targeted financing measures so SMEs can, for...

Khazanah Megatrends Forum 2022

none of these achievements happened by chance. For the past two and a half years, the Government and the Ministry of Finance (MOF) has been focused not only on being RESPONSIVE to the short-term needs of the people and businesses, but also on being...