Government Expenditure In Malaysia

Fiscal expenditure in malaysia averaged 24121 05 myr million from 1981 until 2020 reaching an all time high of 69772 40 myr million in the fourth quarter of 2019 and a record low of 2759 myr million in the first quarter of 1981.

Government expenditure in malaysia. Per capita government expenditure in malaysia is much higher than in neighboring countries. Data learn how the world bank group is helping countries with covid 19 coronavirus. For example the federal government per capita expenditure in malaysia is almost ten times that in indonesia five. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy.

Government expenditure on education total of gdp malaysia from the world bank. This is about 8 6 per cent more than the rm297 02 billion allocated for 2020. As the country continues to deal with the covid 19 pandemic that has badly affected malaysians lives the government has been urged to provide more allocation in budget 2021 to help the people. The statistic shows the ratio of government expenditure to gross domestic product gdp in malaysia from 2014 to 2018 with projections up to 2024.

He also noted that for 2021 mr muhyiddin s government has allocated rm322 54 billion for total expenditure. Universiti sains malaysia social science school lecturer prof dr sivamurugan. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. Government spending in malaysia decreased to 40364 myr million in the second quarter of 2020 from 40525 myr million in the first quarter of 2020.

Jalan dato onn 50480 kuala lumpur malaysia. Fiscal expenditure in malaysia decreased to 59957 90 myr million in the third quarter of 2020 from 64626 40 myr million in the second quarter of 2020. Universiti sains malaysia social science school lecturer prof dr sivamurugan pandian said the budget needs to focus on the people s welfare especially various target groups. Kuala lumpur nov 4 as the country continues to deal with the covid 19 pandemic that has badly affected malaysians lives the government has been urged to provide more allocations in budget 2021 to help the people.