2016 Malaysian federal budget

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.

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
2017 ›

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

(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 receipts1,5040.7%
Revenue from Federal Territories9510.4%
Grand Total Revenue225,656

Expenditures by object

Official sources

These tables are in million MYR.

Description Projected
Expenditures		 Actual
Expenditures
Operating expenditures
Emoluments70,466.1
Supplies and services36,315.1
Assets761.0
Fixed Charges and Grants106,648.2
Other Expenditures1,033.5
Total Operating Expenditure215,224.0
Development expenditures
Direct Grant47,178.1
Loans2,821.9
Contingencies Reserve2,000.0
Total Development Expenditure52,000.0
Grand Total Expenditure267,224.0

Expenditures by budget function

Official sources

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
1Parliament131.1131.1N/A
2Office of the Keeper of the Rulers' Seal2.12.1N/A
3National Audit Department163.8163.8N/A
4Election Commission150.6150.6N/A
5Public Services Commission47.447.4N/A
6Prime Minister's Department20,309.95,984.214,325.7
7Public Service Department2,515.42,436.678.9
8Attorney General Chambers185.4185.4N/A
9Malaysian Anti-Corruption Commission251.8251.8N/A
10Treasury4,477.23,626.0851.3
11Treasury General Services25,885.925,885.9N/A
12Contribution to Statutory Funds1,883.81,883.8N/A
13Ministry of Foreign Affairs710.5595.1115.4
20Ministry of Plantation Industries and Commodities650.4234.8415.5
21Ministry of Agriculture and Agro-based Industry5,353.83,487.91,865.9
22Ministry of Rural and Regional Development10,831.25,379.95,451.3
23Ministry of Natural Resources and Environment2,670.91,008.11,662.8
24Ministry of International Trade and Industry1,914.4539.31,375.2
25Ministry of Domestic Trade, Co-operatives and Consumerism797.4730.167.3
27Ministry of Works5,775.92,223.33,552.6
28Ministry of Transport3,954.71,194.12,760.6
29Ministry of Energy, Green Technology and Water2,262.0125.32,136.6
30Ministry of Science, Technology and Innovation1,527.0661.1865.8
31Ministry of Tourism and Culture1,221.0973.2247.8
32Ministry of the Federal Territories1,316.3358.3958.0
40Education Service Commission16.816.8N/A
42Ministry of Health23,031.121,430.81,600.3
43Ministry of Urban Wellbeing, Housing and Local Government4,173.12,477.11,696.0
45Ministry of Youth and Sports931.8473.9458.0
46Ministry of Human Resources1,376.8836.1540.7
47Ministry of Communications and Multimedia1,806.11,288.4517.7
48Ministry of Women, Family and Community Development1,986.91,873.3113.6
60Ministry of Defence17,304.413,457.33,847.1
62Ministry of Home Affairs13,092.712,251.8840.9
63Ministry of Education41,359.739,315.92,043.8
64Ministry of Higher Education13,378.311,767.11,611.2
70Contingency fund2,000.0N/A2,000.0
Total Functional Expenditure215,448.0163,448.052,000.0
DependentDescriptionProjectedActual
ExpendituresOperating
Expenditures		Development
Expenditures		Expenditures
(1)Royal spending for the Yang di-Pertuan Agong13.513.5N/A
(2)Royal allowances1.51.5
(3)Chief Justice, Chief Judges, Judges9090
(4)Auditor General0.70.7
(5)Speaker of the Dewan Rakyat1.61.6
(6)President of the Dewan Negara1.81.8
(7)Election Commission2.32.3
(8)Law Services Commission0.050.05
(9)Public Services Commission10.710.7
(10)Education Services Commission55
(11)Police Force Commission1.71.7
(12)Treasury6,072.16,072.1
(13)Payment for public debt26,639.426,639.4
(14)Pensions, retirement allowances and rewards18,954.018,954.0
Total Dependent Expenditure51,776.251,776.2N/A
Grand Total Expenditure267,224.0

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.
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