2016 Malaysian federal budget

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2016 (2016) Budget of the Malaysian Federal Government
Supply Bill 2016
Presented23 October 2015
Parliament13th
PartyBarisan Nasional
Finance ministerNajib Razak
TreasurerMinistry of Finance
Total revenueMYR225.7 billion
Total expendituresMYR267.2 billion
Program SpendingMYR52 billion
Debt paymentMYR26.6 billion
DeficitMYR38.8 billion
(3.1% of GDP)
DebtMYR627.5 billion
(54% of GDP)
GDPMYR1,114.8 billion
(4.0%-5.0%)
Websitewww.najibrazak.com/bajet2016/
‹ 2015
 ›

The Malaysian federal budget for 2016 fiscal year was presented to the Dewan Rakyat by Prime Minister and Minister of Finance, Najib Razak on Friday, 23 October 2015.

Summary[]

Official sources (Malay version)

Official sources (English version)

Total revenues and spending[]

Revenues[]

Revenue estimates for 2016 Budget, excluding 2016 tax measures

  Companies income tax (33.0%)
  Goods and services tax (17.3%)
  Individual income tax (13.4%)
  Interests and proceeds from investments (9.5%)
  Licenses, registration fees and permits (6.0%)
  Excise duties (5.5%)
  Petroleum income tax (4.1%)
  Stamp duty (3.0%)

Official sources[permanent dead link]

(In million MYR)

Source Projected Revenues[1] % of
Total Projected Revenues 		Actual Revenues
Direct tax
Income tax
Companies
Individual
Petroleum
Withholding
Co-operatives
Others
Other direct taxes
Stamp duty
Real property gains tax
Others
 125,566
116,558
74,381
30,266
9,331
2,473
84
23
9,008
6,766
2,163
79
 55.6%
51.6%
33.0%
13.4%
4.1%
1.1%
0.0%
0.0%
4.0%
3.0%
1.0%
0.0%
Indirect tax
Goods and services tax
Local goods and services
Imported goods and services
Excise duties
CKD and CBU vehicles
Others
Import duties
Others
CKD and CBU vehicles
Spirits and malt liquor
Tobacco, cigarattes and cigar
Other indirect taxes
Export duties
Crude petroleum
Processed palm oil
Crude palm oil
Others
 57,987
39,000
21,729
17,271
12,408
7,259
5,149
2,791
2,234
424
94
39
2,776
1,012
900
52
43
17
 25.7%
17.3%
9.6%
7.7%
5.5%
3.2%
2.3%
1.2%
1.0%
0.2%
0.0%
0.0%
1.2%
0.4%
0.4%
0.0%
0.0%
0.0%
Non-tax revenue
Interests and proceeds from investments
Licenses, registration fees and permits
Other non-tax revenue
Service fees
Fines and penalties
Proceeds from sales of goods
Rentals
 39,648
21,452
12,626
2,506
1,510
1,223
211
120
 17.6%
9.5%
6.0%
1.1%
0.7%
0.5%
0.1%
0.1%
Non-revenue receipts 1,504 0.7%
Revenue from Federal Territories 951 0.4%
Grand Total Revenue 225,656

Expenditures by object[]

Official sources[permanent dead link]

These tables are in million MYR.

Description Projected
Expenditures 		Actual
Expenditures
Operating expenditures
Emoluments 70,466.1
Supplies and services 36,315.1
Assets 761.0
Fixed Charges and Grants 106,648.2
Other Expenditures 1,033.5
Total Operating Expenditure 215,224.0
Development expenditures
Direct Grant 47,178.1
Loans 2,821.9
Contingencies Reserve 2,000.0
Total Development Expenditure 52,000.0
Grand Total Expenditure 267,224.0

Expenditures by budget function[]

Official sources[permanent dead link]

These tables are in million MYR. The budget for the 2016 fiscal year (also demonstrating the basic budget structure) can be found below.

Function Description Projected Actual
Expenditures Operating
Expenditures 		Development
Expenditures[2] 		Expenditures
1 Parliament 131.1 131.1 N/A
2 Office of the Keeper of the Rulers' Seal 2.1 2.1 N/A
3 National Audit Department 163.8 163.8 N/A
4 Election Commission 150.6 150.6 N/A
5 Public Services Commission 47.4 47.4 N/A
6 Prime Minister's Department 20,309.9 5,984.2 14,325.7
7 Public Service Department 2,515.4 2,436.6 78.9
8 185.4 185.4 N/A
9 Malaysian Anti-Corruption Commission 251.8 251.8 N/A
10 4,477.2 3,626.0 851.3
11 25,885.9 25,885.9 N/A
12 Contribution to Statutory Funds 1,883.8 1,883.8 N/A
13 Ministry of Foreign Affairs 710.5 595.1 115.4
20 Ministry of Plantation Industries and Commodities 650.4 234.8 415.5
21 Ministry of Agriculture and Agro-based Industry 5,353.8 3,487.9 1,865.9
22 Ministry of Rural and Regional Development 10,831.2 5,379.9 5,451.3
23 Ministry of Natural Resources and Environment 2,670.9 1,008.1 1,662.8
24 Ministry of International Trade and Industry 1,914.4 539.3 1,375.2
25 Ministry of Domestic Trade, Co-operatives and Consumerism 797.4 730.1 67.3
27 Ministry of Works 5,775.9 2,223.3 3,552.6
28 Ministry of Transport 3,954.7 1,194.1 2,760.6
29 Ministry of Energy, Green Technology and Water 2,262.0 125.3 2,136.6
30 Ministry of Science, Technology and Innovation 1,527.0 661.1 865.8
31 Ministry of Tourism and Culture 1,221.0 973.2 247.8
32 Ministry of the Federal Territories 1,316.3 358.3 958.0
40 16.8 16.8 N/A
42 Ministry of Health 23,031.1 21,430.8 1,600.3
43 Ministry of Urban Wellbeing, Housing and Local Government 4,173.1 2,477.1 1,696.0
45 Ministry of Youth and Sports 931.8 473.9 458.0
46 Ministry of Human Resources 1,376.8 836.1 540.7
47 Ministry of Communications and Multimedia 1,806.1 1,288.4 517.7
48 Ministry of Women, Family and Community Development 1,986.9 1,873.3 113.6
60 Ministry of Defence 17,304.4 13,457.3 3,847.1
62 Ministry of Home Affairs 13,092.7 12,251.8 840.9
63 Ministry of Education 41,359.7 39,315.9 2,043.8
64 Ministry of Higher Education 13,378.3 11,767.1 1,611.2
70 Contingency fund 2,000.0 N/A 2,000.0
Total Functional Expenditure 215,448.0 163,448.0 52,000.0
Dependent Description Projected Actual
Expenditures Operating
Expenditures		 Development
Expenditures		 Expenditures
(1) Royal spending for the Yang di-Pertuan Agong 13.5 13.5 N/A
(2) Royal allowances 1.5 1.5
(3) Chief Justice, Chief Judges, Judges 90 90
(4) Auditor General 0.7 0.7
(5) Speaker of the Dewan Rakyat 1.6 1.6
(6) President of the Dewan Negara 1.8 1.8
(7) Election Commission 2.3 2.3
(8) Law Services Commission 0.05 0.05
(9) Public Services Commission 10.7 10.7
(10) Education Services Commission 5 5
(11) Police Force Commission 1.7 1.7
(12) Treasury 6,072.1 6,072.1
(13) Payment for public debt 26,639.4 26,639.4
(14) Pensions, retirement allowances and rewards 18,954.0 18,954.0
Total Dependent Expenditure 51,776.2 51,776.2 N/A
Grand Total Expenditure 267,224.0

Reactions[]

  • Maria Chin Abdullah - The Bersih chairperson urged all opposition MPs to vote down the government's 2016 budget to oust Prime Minister Najib Razak.[3][4]
  • Pandikar Amin Mulia - The Speaker of the Dewan Rakyat said the opposition should submit a list of MPs willing to support a motion of no confidence against the Prime Minister to establish if the move had enough traction for a debate. Pandikar also said the list would give him leverage to pressure Putrajaya to agree to having the motion tabled and debated, especially if the numbers go beyond the 89 seats occupied by the opposition. [5]
  • Shahrir Abdul Samad - The Barisan Nasional Backbenchers Club (BNBBC) chairman said if the budget, to be tabled by Najib, failed to be passed in the Dewan Rakyat, the prime minister would automatically have to relinquish his post. "If the budget is not passed, there is no government, no finances. How will the government carry out its administration without paying salaries and allocations?", Shahrir said. [6]

See also[]

References[]

  1. ^ "www.treasury.gov.my" (PDF). Retrieved 24 October 2015.
  2. ^ "www.treasury.gov.my" (PDF). Retrieved 23 October 2015.
  3. ^ "Bersih slams Pakatan Harapan, urges all MPs to vote down Budget 2016 - The Malaysian Insider". Archived from the original on 23 October 2015. Retrieved 21 October 2015.
  4. ^ "Bersih selar Pakatan Harapan, gesa semua ahli Parlimen jangan sokong Bajet 2016 - The Malaysian Insider". Archived from the original on 24 October 2015. Retrieved 21 October 2015.
  5. ^ "Prove you have the numbers before submitting no confidence motion, Speaker says | Malaysia | Malay Mail Online". Retrieved 21 October 2015.
  6. ^ "Just use budget vote to oust Najib, veteran BN lawmaker tells opposition | The Edge Markets". Retrieved 21 October 2015.

External links[]

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