Business/Economy

MOF: Budget 2026 to address healthcare affordability, strengthen education and labour market

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MOF: Budget 2026 to address healthcare affordability, strengthen education and labour market

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Malaysia's Budget 2026 will address rising healthcare costs, focusing on vulnerable groups, affordable medicines, rural primary care, digitalization, and future crises. It will also support education reforms to develop talent for high-growth sectors, improving outcomes across all socioeconomic backgrounds and strengthening foundational learning. STEM, TVET, and lifelong learning will be prioritized. Labor market reforms will enhance workforce marketability and access to higher-income opportunities, promoting sustainable wage growth and improving living standards.

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