总理兼财政部长拿督斯里纳吉卜·拉扎克的预算2018年度预算案
促进包容性经济，平衡世俗，为了幸福的幸福，走向TN50的愿望
主席先生，我谨此通知，该条例草案订明，“再次申请”从2018年度合并基金申请服务的一项法案，并为该年度的服务“。
以安拉的名义，最仁慈，最仁慈的
引言
1。没有神，但真主，穆罕默德是真主的使者。将你的祝福送给我们的先知穆罕默德·史密斯先生，并向他表示敬意。
2。主席先生，议员，女士们，先生们以及北爱尔兰的所有马来西亚人，南方的丹戎皮亚以及沙巴和砂拉越的问候，萨拉姆内加利和萨拉姆。马来西亚。
3。许多人可能预测，2017年预算案是选举预算案
4。这是可以预料的，因为为了民主和为了国家的利益而宣布了许多举措和分配。然而，他们的预测是不真实的。
5。上周，我们的印度朋友庆祝了“光之节”或“Deepavali”节日。我们祝愿Deepavali快乐。星期五是穆斯林的重要日子，我们一起庆祝。
6。因此，我会呼吁rakyat乐意收到礼物，奖励和奖励措施，这将在本财政预算案中提出，但须有条件。条件是你从头到尾跟随这个演讲。
7。我站在这里，在这一天，2017年10月27日或7号Safar 1439 Hijri，带来快乐的消息，这将给每一个脸都微笑。
8。这个好消息是所有受欢迎的马来西亚人享受，无论种族和背景。
9。很明显，社会各阶层都可以从这个预算案中获益。
10。因此，我们代表政府，首先沉浸和分析我即将出席的内容。否则，你会想念好消息。
11。在建设文明民族的过程中，我们应该永远是饶恕，宽恕和忘记的。
经济绩效和挑战
12。首先，让我们感谢安拉SWT，继续积极扩张我们的经济。
13。二零一七年上半年经济录得百分之五点七的升幅。
14。所以我们不应该因为不负责任的一方而对社会媒体的谎言和不停的宣传，说世界银行发表了关于国家经济的负面报道。
15。事实上，世行已经修订了对东亚和太平洋地区的预测。
16。世界银行已将马来西亚的国内生产总值预测从2017年的4.9％上调至5.2％，并赞赏该国的经济业绩取得可嘉的政策。
17。此外，政府预测马来西亚经济将录得2017年的5.2％至5.7％的升幅，高于3月份的4.3％至4.8％。
18。八年来，在经济挑战中，马来西亚在两个重要方面取得了重大进展：
第一：加强和深化与中国，印度，沙特阿拉伯和美国等世界最大经济体的外交和贸易关系。此外，私人投资已大幅增加至二千一百一十一亿元，而2009年为8100亿令吉。
第二：自2009年以来，该国一直面临各种外部挑战，如全球原油价格暴跌和国际地缘政治紧张局势。
尽管有这些不确定因素，我们仍然坚定地管理国家的财政，执行有效的治理和审慎的财政纪律。通过有计划和有计划的计划和战略和举措，国家财政赤字估计将从2017年的6.7％降至2017年的GDP的3％。我们有信心将在2018年进一步提高至2.8％。
因此，三个着名的国际信用评级机构将其对马来西亚的评级保持“A-”，前景稳定
19。让我们都努力确保有成果的结果
20。最重要的是，在各种外部阻力之下，我们应该保持强劲的经济增长势头和活力。
21。因此，政府在2009年根据国家转型政策（NTP）推出了几项改革方案。该政策强调公共服务提供制度的质量和效率，特别是在刺激经济增长方面。
22。 NTP也包括符合10马来西亚计划（10MP）和11马来西亚计划（11MP）的新经济模式。
23。自2009年以来，经济举措一直是政府的重点，其次是其他方案，其重要性包括政治转型方案。
24。因此，政府过去八年来所采取的一切措施都取得了成功。这些包括：
第一：创造了约226万个就业岗位，占到2020年达到330万个就业机会的69％
第二： 8月份，出口达到最高水平，达到80亿令吉，达到两位数增长;和
第三：目前，国际储备达到1014亿美元，即4,487亿令吉，足以为7.5个月的留存进口提供资金，而亚洲则为271亿美元，即591亿令吉金融危机1997年。
25。此外，2016年“家庭收入和基本设施调查报告”突出强调了我们的成就，其中包括：
第一：人均收入从2010年的27,819马币增加到2017年的40,713令吉，预计在2018年将进一步增加到42,777令吉;
第二：每月中位数收入也从2014年的4585令吉增加到2016年的5,288马币
第三：对于B40家庭收入，2014年至2016年，每月中位数收入从2,629令吉增加到3千令吉;和
第四：马来西亚的家庭收入分配有所改善，基尼系数从2009年的0.441减少到2016年的0.399，是马来西亚历史上最低的
这反映了随着国家进步到更平等的分配，收入差距缩小
预算2018分配
26。 2017年财政预算案将在2017年财政预算案的利益和繁荣中分配2,852亿令吉，增加配额，而2017财政年度则为2,608亿令吉。
27。其中2,342.5亿令吉用于经营支出（OE），发展支出（DE）为4,660亿令吉。这种分配不包括总值达20亿令吉的应急费用
28。根据业务执行情况，总共791.5亿令吉用于供应和服务的费用为33.62亿令吉。
29。同时，拨付固定收费和拨款的1198.2亿元。拨款10.8亿令吉用于其他支出，5.77亿令吉用于购买资产。
30。根据DE，经济部门将获得263.4亿令吉的最高份额。社会部门拨款117.2亿令吉。同时，安全部门将分配52.2亿令吉和总行政管理令27.2亿令吉
31。对于2018年，联邦政府的收入预计将创下2398.6亿令吉。
32。重要的是，政府致力于实施财政整顿措施，确保政府的财政状况继续保持弹性，中长期债务水平依然很低
33。这份预算是最重要的，因为它总结了自2009年上任以来刺激经济的所有举措。
34。事实上，这是我在两任行政期间在我领导下的rakyat和政府的主要报告卡之一
35。因此，这份文件将为建立马来西亚国家在未来30年制定的基于SHARIAH要求框架的新画布进行图表化。
36。自从我们宣布独立以来，我们一直很幸运，因为我们的祖先管理和管理了这个符合伊斯兰教法要求的国家。这个框架强调政府计划和政策各自的宗教，生活，知识，血统和财富五个方面。
37。这在Surah al-Mumtahanah第12节中已经清楚地提到了，为rakyat（Dho'ruriyat）提供基本必需品的重要性
38。同时，通过对苏拉胡子和哈迪斯·里瓦特·艾哈迈德的解读，哈吉亚特提到了减轻理性负担和提供舒适生活的事项。第三，Tahsiniyat意味着豪华的需求。
39。因此，在过去六十年间，所有的国阵国家的努力一直受到真主SWT的启发，以确保领导人遵循伊斯兰教法要求框架。这个框架进一步巩固了联邦宪法;国家原则;一，马来西亚人第一，表现现在哲学;和最新的TN50吸引力
这些反映了政府行政的连续性，实行节制和拒绝极端主义。
40。因此，这个党的交替领导，已经构建了基于伊斯兰教法要求框架的整个政策和战略。
41。虽然这个框架没有写在任何政府文件中，但其实践反映在所有相互关联的国家哲学和政策中
42。简而言之，政府采取的伊斯兰教法要求框架的目的是为了使整个rakyat受益，考虑到政府的能力，遵循三个优先事项，即Dho'ruriyat，Haajiyat和Tahsiniyat
43。随后证明，国阵政治有60年的智慧和经验，是发展和建设骄傲民族国家的根本。
44。因此，基于这些原则和哲学，以及真主的祝福，我向你们介绍2018年的财政预算案
45。 2018年度预算是根据11MP制定的，这是“计划”下的第三个预算。为了通过强劲的经济增长和竞争力，确保国家的财富繁荣得到公平和包容的共享，这一预算案以“繁荣包容经济，平衡世俗，为了幸福的幸福，走向TN50愿望”为主题，基于八个主要推力
第一次刺激：投资，贸易和工业投资
46。预计全国总投资将增加6.7％，占2018年国内生产总值的25.5％。
47。在这方面，政府将继续强调高影响力的投资，重点关注与石油，物流，航空航天，铁路，机器人和自动化以及出口导向型产业有关的行业。
48。私人投资继续超过公共投资，比例为70:30。私人投资估计在2018年将达到2600亿令吉，而2009年只有8100亿令吉。
49。同时，公共投资预计将达到1090亿令吉，而2009年为770亿令吉。在此基础上，按照经济转型计划（ETP）的目标推动私营部门成长。
50。这包括为五条主要走廊分配的10亿令吉。政府将开发南十二霹雳州地区，包括素坤市，丹戎马利姆教育和青年城以及武吉加ayu Hit达免税区;吉隆坡托克巴厘岛港口和工业园区建设;并通往沙捞越Baleh Dam。
51。同时，为了将马来西亚作为首选投资目的地，主要中心的税收优惠将延长至2020年12月31日。政府将拨款2亿令吉用于MIDA下的高效战略基金。
52。马来西亚致力于经合组织引进的经济信息共享。这些措施包括实施“基本侵蚀和利润变化行动计划”以及从2018年9月开始的自动交换信息。
加强中小企业
53。马来西亚将通过中小型企业的包容性参与进一步发展。目前，我们有Jeruk Pak Ali，悉尼蛋糕馆，Satay Haji Samuri和Telekung Siti Khadijah，他们已经建立了自己的品牌，有一些在国际市场上有业务。
54。我们欢迎他们到议会，并祝贺他们的辛勤工作和成就。
55。目标是通过以下措施，到2020年，中小企业将占GDP的41％。
第一：在Skim Jaminan Pembiayaan Perniagaan（SJPP）下，共分配了70亿令吉，其中营运资金为50亿令吉，政府为服务业担保70亿令吉，包括工业革命（IR 4.0）;
第二：向政府担保70％的公司提供了前所未有的10亿令吉贷款。这些贷款由SJPP提供，使中小企业能够使生产过程自动化，减少外劳的就业;
第三：向符合回教教义的中小企业融资计划提供了额外的10亿令吉，将基金规模增加到25亿令吉。将为获得的利润提供2％的补贴，以减轻融资成本;
第四：向中小企业拨款2亿令吉用于中小企业下属的培训计划，拨款和软贷款;和
第五：约有8200万令吉被用于发展各种机构的清真工业和产品
微型融资
56。政府还包括微型企业家，如在这个预算案中，马六甲Klebang的受欢迎的椰子摇摆卖家
57。为此，政府为Tekun提供了最高的拨款，总额为五十亿令吉
58。此外，为了欣赏马来西亚的Amanah Ikhtiar（AIM）借款人，其大多数是妇女和优秀的薪酬主管人员，政府将再拨款2亿令吉用于该基金。因此，总资金规模将达到27亿令吉，使近400,000借款人受益
59。一个成功的故事是在1993年开始创业的Kak Wan Azizah Wan Salleh，AIM的贷款额为500令吉，成为家禽养殖中成功的百万富翁
60。此外，农村经济融资计划（SPED）通过Rakyat银行和中小企业银行分配了8000万令吉，为农村的Bumiputera企业家提供融资设施。
加速出口
61。通过以下措施，重点关注高影响力的出口部门，该国的出口将进一步加快：
第一：向Matrade，Mida和中小企业公司提供了1.5亿令吉，用于执行促销计划，扩大出口市场，包括市场开发赠款;
第二：进出口银行为中小企业出口商提供保险信贷融资和信贷融资设施2亿令吉，为10亿令吉;和
第三：提供1亿令吉的贷款，其中70％由政府保证自动生产出口的本地家具
促进农业部门
62。政府关心农业，农民，小农，渔民等农业部门。
63。因此，在国家预算案的历史上，首次提供65亿令吉的大额拨款来协助农民，渔民，小农和橡胶夯。要执行的各种方案有：
第一：拨出了23亿令吉，为水稻农民，橡胶小农和渔民提供化肥和投入等援助和激励措施
第二：约5亿令吉用于改善灌溉基础设施和升级种植园道路
第三：约2亿令吉用于橡胶补充计划，并提供基础设施，以增加乳胶的生产而不是杯子，这将提高小农户的收入
第四：约有1.4亿令吉用于开发和重新种植油棕，并加强营销计划;
第五：为农业计划拨出了2亿令吉，作为新的收入来源，特别是通过成立Lembaga 17 Tenusu dan Ruminan来开发乳品行业。其他包括玉米，椰子，榴莲和烹饪行业的发展。例如，在香港，据说，马王王帝兰的价格是以800令吉出售
第六：第一次，将实施一项特别计划，通过重新种植CARECA和MATAG来增加椰子的产量。该计划将实施，拨款5,000万令吉，惠及10,000个小农户。同时，椰子，菠萝和水果业的管理将被放在一个董事会下;和
第七期：我等待收获季节约为1.5亿令吉，首次宣布每月向水稻农民提供RM200的援助三个月。
促进旅游业
64。旅游部门是国家经济的主要收入来源之一
65。根据世界旅游组织报告，2016年马来西亚在旅游方面排名第十二位。
66。估计到2018年旅游人数将达2800万人。
第一：我很高兴地宣布，2020年被宣布为马来西亚访问年。 2020年，马来西亚还将举办一系列国际会议，分别是亚太经合组织，国际经济合作与发展组织（CHIOM）;
第二：向中小企业旅游基金拨款20亿令吉，为旅游经营者提供2％的利息补贴贷款;
第三：旅游基础设施发展基金提供额外的10亿令吉作为软贷款;
第四：提供了5亿令吉，用于通过改造基础设施，促进寄宿和生态旅游方案，发展和促进旅游业;
第五：通过促进全球签证申请，特别是外籍人士，19名外国学生和马来西亚我的第二次家庭计划（MM2H），扩大eVisa区域中心;
第六：扩大对新的四星级和五星级酒店投资的税收优惠，至2020年12月31日止。和
第七：将旅游经营者的税收优惠扩大到2020年度。
67。健康旅游业将作为全国收入来源之一加强。这包括为来到马来西亚的医疗游客提供端对端服务。
68。在这方面，政府正在向马来西亚医疗保健旅游局（MHTC）拨出3千万令吉，以执行以下举措：
第一：促进马来西亚作为亚洲生育治疗中心，包括体外受精和心脏病学。 eVisa工厂将扩展到涵盖其他专业医疗服务和高价值医疗包装
第二：推出旗舰医疗旅游医院计划，特别鼓励私立医院吸引医疗游客;
第三：将医疗旅游的100％的投资税免税额度延长至2020年12月31日;
第四：为从MHTC注册的牙科和门诊服务的医疗服务认证机构获得认证的费用提供双重扣税;和
第五：将特殊旅游医疗保险激励从出口额增加值的50％增加到100％，私人医疗保健服务，从2018年到2020年的开始年度。
驾驶物流业
69。为确保城乡经济平衡，政府将通过以下措施，改善物流运输基础设施：
第一：连接巴生港到彭卡兰库布尔的东海岸铁路（ECRL）项目，吉兰丹有能力在四小时内运输货物和乘客。该项目的建设工作将于2018年1月开始实施。还分配了一亿一千万令吉，为巴生港提供了一条替代道路，以平滑和补充交通网络;
第二：双溪Buloh – Serdang – Putrajaya项目的MRT2线跨越52公里，覆盖37个车站，估计建造成本为320亿令吉。同时，政府将加快在二零二五年建成的“三铁三号线”或“圆线”，早于2027年的初步目标。此外，兴建LRAT3项目，将Bandar Utama连接至巴生Johan Setia，预计将由2021年2月。
第三：高铁项目连接吉隆坡和新加坡，在90分钟内距离350公里，预计到2026年将受益于rakyat
第四：斋戒西兰公路，从雪兰莪到太平，霹雳正在建设中，估计费用高达50亿令吉
第五号：对于中央脊柱路，二零零八年拨出二千三百万令吉，以继续施工，其中包括从Raub到Bentong和Guan Musang，吉兰丹至Kampung Relong，Pahang的道路
第六：在霹雳州宣布邦咯岛为免税岛。但是，免税地位不包括酒精饮料，烟草和汽车等产品;和
第七：为刺激北部地区的经济增长，将开发武吉知ayu特别边界经济区。这个发展包括自由工业区（FIZ），这将是对国内外投资者的新吸引力
70。此外，政府将采取综合措施，通过以下措施，提供高效安全的公共交通系统，以满足残疾人的基本需要：
第一：向运输发展基金拨款30亿令吉，用于采购船舶，开发航空航天技术产业和铁路。公共交通基金也拨出10亿令吉，用于公交和出租车等资产的采购;
第二：拨款95亿令吉用于升级和建造码头以及疏浚河口;
第三：经过许多快车公共汽车事故，拨出4.5亿令吉拨款开发生物识别控制系统，监察巴士司机;和
第四：提供了一笔5,550万令吉，用于补贴从Tumpat到Gua Musang的农村地区的火车服务
71。政府将采取各种措施，维护无辜福利，无论政治差异和地理位置如何，以促进经济增长。
第一：升级槟榔屿国际机场和兰卡威国际机场;
第二：在Mukah建造一个新机场，并扩建在哥打巴鲁和山打根机场;
第三：政府正在对刁曼岛的一个新机场进行研究;和
第四：为刺激纳闽的发展，政府将进行一项可行性研究，以建设连接纳闽与大陆沙巴的桥梁
加强金融市场
72。马来西亚作为伊斯兰金融的领导者而闻名。因此，为了加强马来西亚作为一个综合竞争力的金融中心的地位，政府将继续采取以下措施：
第一： SJPP划拨了15亿15亿令吉，使用知识产权作为金融抵押品的工具，高达80％的融资担保;和
第二条：自2018年1月起生效，为交易所交易基金和结构性认股权证的销售和采购交易的合同附注征收印花税3年。
73。为了刺激资本市场和提供投资机会，替代交易系统将根据所有要求和监管标准进行介绍。这将有效和重要的交易。
74。政府了解小企业如初创企业获得融资扩张市场的局限性
75。因此，政府通过以下措施鼓励风险投资活动：
第一：主要机构投资者为证券委员会（SC）协调的主要部门投资风险投资提供了10亿令吉;
第二：扩大所得税豁免，包括风险投资管理公司收到的管理和业绩费用，从2018年至2022年的课税年限生效;
第三：为了促进风险投资公司投资风险投资公司，建议将风险投资公司的最低投资额从70％降至50％，到20122年至2022年的有效年份;
第四：投资风险投资公司的公司或个人提供相当于风险投资公司投资金额的税收减免，每年限额最高达2000万令吉;和
第五：将与天使投资者投资风险投资公司的投资金额相当于2020年12月31日的所得税免税激励。
76。政府将继续通过以下措施，振兴可持续和负责任的投资（SRI）：
第一：特别绿色SRI Sukuk补助金的接受者的所得税豁免总额为600万令吉;和
第二：将管理费收入的所得税豁免扩大到已批准的常规SRI基金经理从2018年到2020年的评估。
77。政府将通过有效雇用外劳来促进无现金社会经济。从2018年开始，马来西亚国家银行将通过当地的外国工人银行帐户监测工资支付，不包括家庭佣工。
第二个刺激：追求TN50的吸引力
78。 2050年国家转型（TN50）在2017年预算中公布。 TN50将图表骄傲的国家，在世界前20个国家。
79。利用自下而上的方式，我与青年，毕业生，公务员，艺术家，教育家和私营部门等社会各界进行了一系列的TN50参与和对话，以获得期望，观点和想法。到目前为止，已经收到了8万多个愿望，涉及180万卢布，代表了全国各地的社会各阶层。
保育和残疾人福利中心
80。走向TN50，在实现工作和生活平衡方面，地方当局必须确保从吉隆坡开始，在所有新写字楼提供托儿设施
81。此外，TN50的愿景强调了维护所有群体，包括残疾人福利的方面。 Hence, additional tax deductions are extended to cover employers hiring workers affected by accidents or critical illnesses and certified by Social Security Organisation's (SOCSO) Medical Board that they are still fit to work.
Inculcating the Culture of Savings in TN50 Generation
82. In order to ensure the bright future of the TN50 generation, the Government together with Permodalan Nasional Berhad (PNB) has agreed that every Malaysian baby born from 1 January 2018 to 2022, be provided with an Initial Savings Fund of RM200 through PNB's Unit Trust Scheme.
83. This new scheme will be named as Amanah Dana Anak Malaysia or ADAM50.
Education for TN50 Generation
84. With regard to education for TN50 generation, a total of RM250 million is allocated for the following:
First: Set up a Science, Technology, Engineering and Mathematics (STEM) centre to develop the latest learning methods to train STEM specialist teachers utilising existing facilities at teachers training institute in collaboration with Academy of Science Malaysia;
Second: Enhance Computer Science module including Coding programme in primary and secondary school curriculums, which exist in Form One and Form Three;
Third: Allocate a sum of RM190 million to upgrade 2,000 classes into a 21st Century Smart Classrooms in order to enhance creative-based learning and innovative thinking;
Fourth: Towards TN50, the Government acknowledges the role of artists to increase the quality of culture to a higher level. For this, a sum of RM20 million is allocated to Cultural Economy Development Agency.
85. I am proud with our recent achievements in higher education, which include:
First: According to 2017/2018 QS University Ranking Report, five local Research Universities improved their ranking and are among the top 300 best universities in the world, which is top 1% in the world;
Second: In fact, University of Malaya's ranking has improved by 19 places to 114, nearing 100 best universities in the world;
Third: In terms of world's higher education system, Universitas ranked Malaysia as 25th best in the world, improving by 11 positions over the past six years;和
Fourth: With 134,000 foreign students in local higher learning institutions, we are nearing the target of achieving as the Regional Higher Education Hub.
86. Since 2009, the cumulative scholarship provided by the Government amounts to RM44 billion. For 2018:
First: A sum of RM2.2 billion is allocated for scholarships provided by Public Service Department, Ministry of Higher Education and Ministry of Health;
Second: A sum of RM400 million for research and development grants is provided to Public Higher Learning Institutions (IPTAs), compared with RM235 million allocated in the previous Budgets, including a special allocation for University of Malaya to achieve the status of Top 100 Universities in the World in the near future;
Third: A sum of RM90 million is allocated for MyBrain Programme for 10,600 individuals to further their studies in Masters and PhD;和
Fourth: Students in Higher Learning Institutions (HLI) and Form Six will be provided with Book Voucher Assistance of RM250 each, benefitting 1.2 million students.
I would like to take this opportunity to congratulate the new line of leadership of the Student Representative Council at all Public Universities. With a majority of them undergraduates from the Pro-Aspirasi group.
Talent and Careers of TN50
87. Malaysians need to be ready, alert and swift through training and retraining in meeting the job market requirements.
88. For example, SL1M Apprenticeship Programme which have trained 138,000 graduates will be continued with an 32 additional 5,000 graduates to total 25, 000 graduates next year. Meanwhile, open interview programme by the SL1M Unit in EPU will be continued with an allocation of RM40 million.
89. To expand SL1M, private companies awarded with Government contracts are mandated to allocate 1% of their total project value to SL1M.
90. In addition, the Government will create a one-stop centre incorporating agencies such as JobsMalaysia, SL1M, SOCSO, Human Resources Development Fund (HRDF) and Unit Peneraju Agenda Bumiputera (TERAJU) in Urban Transformation Centre (UTC) to provide professional advisory services in seeking employment and training.
91. To identify best talents, the Government will create a 'talent file' programme National Leaders Circle under the TalentCorp. This programme will identify and shortlist suitable and credible candidates to fill critical and senior posts.
92. The Government is very concerned on the social ills in the society. To address this, a matching grant of RM50 million will be provided to social enterprises and NGOs to resolve daily social issues and challenges in innovative ways.
Sports Development
93. In August and September, Malaysia was declared the Overall Champion at the 29th SEA Games and ranked second in the 9th Asean Para Games.
94. Hence, on behalf of the Government, let's give the most roaring applause to all our heroes and heroines.
95. To continue the momentum towards becoming sports powerhouse, the Government allocates RM1 billion to implement various initiatives including FitMalaysia, National Sports Day, training for athletes, grassroots programme and national football development programme.
96. The Government also announces to build 14 new sports complexes nationwide with a cost of RM112 million.
97. In addition, the Government allocates RM20 million to Bukit Jalil Sports School to upgrade its facilities as the premier sports school.
THIRD THRUST: EMPOWERING EDUCATION, SKILLS AND TRAININGS, AND TALENT DEVELOPMENT.
98. On average, the Malaysian education expenditure is doubled from the amount of other Asean countries. For 2018, a sum of RM61.6 billion is provided for this sector. Of which, RM654 million is allocated for construction of four pre-schools, nine Permata centres, including two new centres for autistic children; primary, secondary schools and vocational colleges as well as one matriculation centre.
Upgrading and Maintaining Schools
99. Every year, priority is given to the Special Fund for School Upgrading and Maintenance. A total of RM550 million is allocated for this purpose, including:
National Schools – RM250 million; National-type Chinese Schools – RM50 million; National-type Tamil Schools – RM50 million; Missionary Schools – RM50 million; Boarding Schools – RM50 million; Mara Junior Science Colleges – RM50 million; and Government-aided Religious Schools – RM50 million.
100. The Government realises there are 2,000 dilapidated schools nationwide that needs upgrading and refurbishing.
101. For these repair works through Industrial Building System, the Government provides the largest allocation of RM2.5 billion for a period of two years, of which RM500 million to schools in Peninsular Malaysia, RM1 billion in Sabah and RM1 billion in Sarawak.
Schooling Assistance
102. A total of RM2.9 billion is also allocated for food assistance, textbooks, per capita grants and Federal Scholarships for schools.
103. Meanwhile, Schooling Assistance worth RM100 per student from the low-income household will be continued with an allocation of RM328 million, benefiting 3.2 million students.
104. The Government recognises the role of teachers in strengthening the education and moulding the future generation.
105. I would like to take this opportunity to thank all teachers nationwide who have strived in building our future generation.
Higher Education Funding
106. As we are aware, the National Higher Education Fund Corporation (PTPTN) was established to manage funding for Malaysian students pursuing tertiary education.
107. Concerning PTPTN, we need to understand as stated in hadith, debt remains as debt and must be paid.
108. The borrowers of PTPTN loans must be responsible to pay back in order for future generation to continue to borrow.
109. To all PTPTN borrowers, the Government agrees to extend the discount for repayment of PTPTN loans until 31 December 2018 as follows: 20% on the outstanding debt for full settlement; 10% for repayment of at least 50% on the outstanding debt made in a single payment; and 10% for repayment through salary deductions or scheduled direct debit.
110. In addition, I would like to announce additional flexibility for PTPTN loans as follows:
First: For students from B40 households undergoing highly marketable courses, an additional RM200 million is provided to increase the maximum loan amount;和
Second: The grace period for loan repayment is extended to 12 months upon completion of study compared with six months currently.
111. In addition, for borrowers intending to pursue their studies to a higher level, for example from diploma to undergraduate, they may combine both loans into a single loan and to repay upon completion of their studies.
112. Clearly, the Government has provided various means to assist students in repaying their loans.
Skim Simpanan Pendidikan 1Malaysia
113. Furthermore, to inculcate the culture of savings for education, a sum of RM250 million is provided to 500,000 contributors aged 7 to 12 years under National Education Savings Scheme (SSPN-i Plus) which was rebranded as Skim Simpanan Pendidikan 1Malaysia (SSP1M) managed by PTPTN. A matching grant of RM500 will be provided to contributors with a total contribution of at least RM500 and only can be withdrawn upon attaining the age of 18 years.
114. In addition, individual income tax relief for net savings in the SSP1M up to RM6,000 be extended for another 3 years, effective from year of assessment 2018.
Enhancing Technical and Vocational Education Training
115. The Government is aware about the importance of transformation in the Technical and Vocational Education Training (TVET) in producing highly skilled and competitive workforce. In this regard, all TVET institutions under seven ministries have been merged and known as "TVET Malaysia" under the purview of the Ministry of Human Resources.
116. In addition, a sum of RM4.9 billion is allocated to implement the TVET Malaysia Masterplan.
117. To encourage TVET graduates to pursue their studies, the Government will also provide 100 TVET Outstanding Student Scholarships with an allocation of RM4.5 million.
118. To support the development of skilled workers in the rail sector, the Government will establish the National Rail Centre of Excellence (NRCOE) to oversee and coordinate quality assurance as well as accreditation of national rail education and training. In addition, Malaysia Rail Link Sdn. Bhd. in collaboration with IPTAs will train 3,000 professionals in this industry.
FOURTH THRUST: DRIVING INCLUSIVE DEVELOPMENT
Providing Quality Infra-Rakyat
119. In progressing towards a developed nation, quality infrastructure and interconnectivity will be modernised.
120. Hence, the Government will continue to focus on world class infra-rakyat projects. For example, The MRT Line Sungai Buloh – Kajang Line was successfully completed with a daily capacity of 400,000 commuters.
121. The MRT is a success story where not only completed the project ahead of schedule but also managed to save RM2 billion from the initial construction costs.
122. As for the infrastructure facilities in Sabah and Sarawak, the Government has fulfilled its promise through the construction of Pan-Borneo Highway.
123. The Pan-Borneo is expected to enhance connectivity and invigorate economic activities in Sabah and Sarawak, including rural and remote areas such as Kapit-Ulu Song.
124. To provide basic infrastructure in the rural areas, a sum of RM6.5 billion is allocated, among others:
First: A sum of RM2 billion is allocated for Pan Borneo Highway. For Sarawak, all the 11 construction packages have been tendered, while five out of 35 packages in the First Phase in Sabah have been awarded and the remaining 12 is under tender process;
Second: A sum of RM1.1 billion is allocated for Rakyatcentric projects including building and upgrading of bridges, village street lights, musolla, small bridges and markets;
Third: A sum of RM1 billion is allocated through Malaysia Communications and Multimedia Commission (MCMC) to develop communication infrastructures and broadband facilities in Sabah and Sarawak;
Fourth: A sum of RM934 million is allocated for the construction of rural roads, including almost RM500 million for Sabah and Sarawak;
Fifth: An allocation of RM672 million for electricity supply in rural areas, including RM620 million for Sabah and Saraw ak, benefitting 10,000 rural homes. As a whole, since 2009, subsidy worth more than RM100 billion has been spent, including gas to generate cheap, quality and reliable electricity supply for the rakyat.
Sixth: A sum of RM420 million, including almost RM300 million for Sabah and Sarawak is 41 allocated to provide clean water supply, benefiting 3,000 homes;
Seventh: A sum of RM500 million for the Public Infrastructure Maintenance Programme and Basic Infrastructure Project to meet the needs and wish list of the rakyat at the grassroots level;和
Eighth: A sum of RM50 million is allocated for surveying and mapping of customary lands, of which RM30 million for Sarawak and RM20 million for Sabah. A part of the rakyat-centric projects will be implemented through private financing initiatives.
National Blue Ocean Shift
125. National Blue Ocean Shift (NBOS) will continue to be implemented at a faster pace and in an integrated manner at a low cost with high impact.
126. For 2018, a sum RM300 million is allocated to implement NBOS programmes, including construction of new UTCs, Blue Ocean Entrepreneur Township, Mobile CTC, entrepreneurship programmes, Global Entrepreneurship Community as well as inclusive and vibrant Social Entrepreneurs.
The Welfare of FELDA Settlers
127. The Government continues to safeguard the welfare of FELDA settlers. More than 112,000 settlers received six main incentives, including Settlers Special Incentive of RM5,000.
128. The Government will reimburse the cess money that had been paid by settlers for replanting scheme from rubber to oil palm from 2010 to 2016. This will benefit 8,925 FELDA settlers with an allocation of RM43 million. In addition, a sum of RM60 million will be provided for oil palm replanting programme.
129. Furthermore, a sum of RM164 million is allocated to build 5,000 Second Generation FELDA Homes in collaboration with SPNB.
130. In addition, nearly RM200 million is provided for FELDA to supply water and upgrade road as well as street lights. More importantly, the Government will always safeguard the welfare of FELDA settlers.
Security and Public Order
131. To counter terrorism and extremism such as IS and DAESH, the Government has established a Regional Digital Counter-Messaging Communications Centre.
132. In addition, the Government will increase safety at the borders and enhance public order with an allocation of RM14 billion for Malaysian Armed Forces (ATM), almost RM9 billion for Royal Malaysia Police (PDRM) and more than RM900 million to Malaysian Maritime Enforcement Agency (APMM).
133. Among the main programmes are:
First: A sum of RM3 billion is allocated for procuring and maintaining defence assets;
Second: A sum of RM720 million to build 11 headquarters and six police stations as well as purchase of firearm fittings and operations vehicle. Meanwhile, an allocation of RM170 million is provided to upgrade ICT equipment, including 1PDRMnet system as well as RM100 million to upgrade communication systems. In addition, to safeguard the welfare of police personnel, I would like to announce the construction of 10,000 units of houses under 1Malaysia Civil Servants Housing-PDRM 44 (PPA1M-PDRM) at affordable price according to police salary scheme.
Third: A sum of RM490 million is allocated to APMM for repairing and maintaining ships and boats, upgrading jetties as well as procuring three patrol boats;
Fourth: A sum of RM250 million is allocated to Eastern Sabah Security Command (ESSCOM) to enhance security controls at Sabah and Sarawak borders, including RM50 million for coastal surveillance radar;
Fifth: A sum of RM50 million is allocated to upgrade the capability of firearm assets of special taskforces to combat anti-terrorism activities;和
Sixth: In addition, in appreciation the role of People's Volunteer Corps (RELA) in assisting rakyat, the Government will provide the highest allocation of almost RM250 million for necessary equipment, including uniforms.
134. In safeguarding the welfare of armed forces, the Government will:
First: Prepare the Armed Forces Family Housing (RKAT) blueprint to construct more than 40,000 units in 45 phases by 2030. In 2018, almost 6,000 units will be built;和
Second: A sum of RM40 million is allocated to upgrade five hospitals, build four polyclinics and hospital for ATM veterans.
135. Let us extend our heartiest appreciation to our security forces including police, armed forces and APMM who have sacrificed for the country's peace and sovereignty.
Bumiputera Wellbeing Transformation Policy
136. As we are aware, the Bumiputera community accounts for almost 70% of the total 32 million population.
137. Therefore, the Government, through the Bumiputera Wellbeing Transformation (TKB) policy will continue to uphold Bumiputera empowerment as a national agenda.
138. Since 2009, various major initiatives to empower Bumiputera economy has and currently being implemented.
139. In this regard, the Carve Out and Compete initiative for Bumiputera has reached a total contract value of more than RM61 billion. In addition, a sum of RM1.7 billion is approved for 515 projects under the Facilitation Fund which provides more than 44,000 employment opportunities.
140. The programme has proven that the Bumiputera contractors are more resilient and capable to complete projects earlier than schedule without affecting quality.
141. On the other hand, the Yayasan Peneraju Pendidikan Bumiputera has successfully trained nearly 17,000 Bumiputera professionals nationwide, in the accounting and engineering fields.
142. In addition, a sum of RM2.4 billion is allocated to UiTM. At the same time, the Government has increased the number of student intakes to UiTM to more than 165,000 with a target to attain 250,000 students by 2020.
143. Notably, UiTM has succeeded in producing over 700,000 Malay and Bumiputera graduates.
144. Furthermore, in 2018, the Government will allocate more than RM3.5 billion for the following initiatives:
First: A sum of RM2.5 billion, the highest allocation ever, is provided for higher education scholarship and training programmes under the Council of Trust for the People (MARA). This will benefit nearly 90,000 students including 1,500 in the critical fields such as AI, signalling and rail;
Second: A total of RM90 million is allocated for programmes namely Peneraju Profesional, Skil and Tunas, benefitting almost 8,000 individuals;
Third: A sum of RM200 million is allocated for the MARA Graduate Employability Training Scheme (GETS);
Fourth: A sum of RM555 million is allocated for Bumiputera entrepreneurship enhancement programme, comprising: A sum of RM200 million for Program Keusahawanan dan Premis Perniagaan PUNB; A sum of RM200 million is allocated for Program Keusahawanan MARA; A sum of RM155 million for programmes such as vendor capacity development, Tunas Usahawan Belia Bumiputera (TUBE), Skim Usahawan Permulaan Bumiputera (SUPERB), and Skim Anjakan Usahawan;和
Fifth: To increase equity and investment in strategic sectors, a sum of RM150 million is provided to Pelaburan Hartanah Berhad (PHB) and RM150 million to Ekuiti Nasional Berhad (EKUINAS).
Wellbeing of Chinese and Indian Communities
145. As an inclusive Budget, for the Chinese community, the Government will provide a sum of RM50 million as loans for SMEs through Koperasi Jayadiri Malaysia Berhad (KOJADI).
146. In addition, a sum of RM30 million will be channelled to the 1Malaysia Hawkers and Petty Traders Foundation to provide loans to Chinese hawkers.
147. Furthermore, to develop Chinese New Villages, a total of RM65 million is provided, while another RM10 million for housing refurbishment programme.
148. With regard to the Indian community, the average monthly household income of the Indian community increased significantly to 6.8% per annum. Recently, I have launched the Malaysian Indian Blueprint (MIB).
149. For this, through Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN), the Government allocates RM50 million for Indian Community Entrepreneur Development Scheme (SPUMI), benefitting more than 35,000 entrepreneurs. In addition, a sum of RM50 million is allocated for Indian community socioeconomic development programme.
150. At the same time, through MIB, new intake of Indians to public higher learning institutions and public service will be increased to a targeted 7%.
151. Under the Socioeconomic Development of Indian Community (SEDIC), more than RM230 million has been distributed since 2014, benefitting more than 500,000 Indian participants.
152. The 2018 budget also introduces a new initiative for the Indian community. I am pleased to announce that PNB will make a special distribution amounting to 1.5 billion additional units of Amanah Saham 1Malaysia for the Indian community, up to 30,000 units for each investor.
153. To support this initiative, a fund amounting to RM500 million is allocated for a period of five years. This special investment loan scheme will be offered to 100,000 households from the B40 Indian community, limited to 5,000 units per participant.
154. MIB has proven to the Indian community that in the national development no one is left behind… 'indeed, the future belongs to us.'
Orang Asli
155. To raise the standard of living and economic development of Orang Asli community, a total of RM50 million is provided, comprising community food assistance programmes, benefiting almost 5,000 Orang Asli students.
156. In addition, as an incentive to successful Orang Asli students, the Government will provide an assistance of RM3,000 for parents to prepare their children's enrolment in IHLs.
157. Furthermore, Orang Asli Settlement Integrated Development Programme will be continued with an allocation of RM60 million.
Women and Family Wellbeing
158. Women play a very important role in the wellbeing of family and national development. Therefore, in recognising women's contribution, the Government is pleased to announce 2018 as the Women Empowerment Year.
159. In this respect, several initiatives will be implemented as follows:
First: Require at least 30% participation of women as board of directors in GLCs and GLICs as well as statutory bodies by end-2018;
Second: Propose maternity leave for the private sector to be increased from 60 days to 90 days as implemented by the public sector;
Third: A sum RM20 million is allocated to conduct training and entrepreneurship programmes, which including PEAK Entrepreneur Programme under MyWin Academy;和
Fourth: In order to encourage women to return to the workforce who have been on a career break for at least two years, the Government proposes that their earnings on maximum of 12 months consecutive salary received be given personal income tax exemption. The incentive is available for women who return to the workforce between the year of assessment 2018 to 2020.
FIFTH THRUST: PRIORITISING THE WELLBEING OF RAKYAT AND PROVIDE OPPORTUNITIES TO GENERATE INCOME.
160. Prioritising the wellbeing of rakyat and provide opportunities to generate income.
Generating Rakyat's Income
161. The Government is committed and continues to thrive to provide job opportunities and generate income, through the following measures:
First: A sum of RM100 million to expand eRezeki, eUsahawan and eLadang Programmes under MDEC;
Second: A sum of RM120 million is allocated to provide easy loans to 1,000 1Malaysia Food Truck (FT1M) and 1Malaysia Mobile Food Kiosk entrepreneurs through Bank Rakyat and Bank Simpanan Nasional. The Government will provide a subsidy of 4% on the interest rates;
Third: Providing a total of RM60 million to implement 1AZAM Programme, including RM10 million for Sabah and RM10 million for Sarawak;和
Fourth: Providing a sum of RM25 million for Three-Wheel Motorcycle Programme under FAMA, GiatMara mobilepreneur and MyAGROSIS programmes.
162. In line with IR 4.0, all registered taxi drivers who wish to shift to e-hailing application, a grant amounting to RM5,000 will be provided for the purchase of a new car.
Increasing Disposable Income
163. BR1M is a form of targeted subsidy for those in need and has proven to be effective.
164. BR1M is an efficient form of cash transfer to assist the B40 households.
165. In 2017, BR1M has benefited 7 million recipients with an allocation of RM6.8 billion. Likewise, in 2018, those 54 recipients to continue to benefit from the BR1M cash transfer of up to RM1,200.
166. The Government will continue to increase household disposable income as well as narrow the income gap in the country.
167. I would like to bring more good news to the 2.3 million tax payers, especially those in the M40 group or specifically mid-income range households with income of less than RM9,000.
168. I would like to announce an individual income tax rates reduction of two percentage points for income tax band between RM20,000 to RM70,000, as follows:
First: Income tax band from RM20,001 to RM35,000, the rate is reduced from 5% to 3%;
Second: Income tax band from RM35,001 to RM50,000, the rate is reduced from 10% to 8%;和
Third: Income tax band from RM50,001 to RM70,000, the rate is reduced from 16% to 14%. This measure will increase the disposable income of the rakyat between RM300 to RM1,000. It is estimated that additional disposable income of RM1.5 billion can be spent by the rakyat. With this measure more that 261,000 individuals are no longer subjected to income tax.
169. The Government allocates a sum of RM3.9 billion for goods and transport subsidies including cooking gas, flour, cooking oil, electricity and toll.
170. As announced earlier, Kedai Rakyat 1Malaysia will be restructured as KR1M 2.0. As a start, in 2018, 50 outlets will transformed to KR1M 2.0 and will be expanded further to 3,000 outlets within three years.
171. KR1M 2.0 will provide five basic necessities at low prices such as rice, sugar, cooking oil, flour and cooking gas. In addition, 50 branded consumer goods will be sold at a lower than the market price.
172. The Government will continue the Standardisation of Prices for Basic Necessities Programme in Sabah and Sarawak with a total allocation of RM80 million.
173. In addition, the Government will develop the Agrobazaar Malaysia with a total allocation of RM20 million to provide market space and agrofood sales centre at a lower price, beginning in Putrajaya.
174. The Ministry of Agriculture and Agro-Based Industry will implement programmes through FAMA and LKIM with an allocation of RM50 million. These programmes enable 56 consumers to purchase food products such as fish, vegetables, chickens and eggs at affordable prices.
175. Effective 1 January 2018, following measures will be implemented:
First: Abolish toll collections at Batu Tiga and Sungai Rasau, Selangor;
Second: Abolish toll collections at Bukit Kayu Hitam, Kedah;和
Third: Abolish toll collections at Eastern Dispersal Link, Johor.
1Malaysia Retirement Scheme
176. For those who are self-employed and without fixed income, the Government will increase its contribution to 15% subject to a maximum of RM250 annually under the 1Malaysia Retirement Scheme (SP1M) managed by Employees Provident Fund (EPF). The contribution begins from 2018 to 2022.
Foreign Domestic Helper
177. The Government is aware of the high cost incurred in hiring foreign domestic helpers. Currently, the hiring cost of a foreign domestic helper could reach as high as RM12,000 to RM18,000.
178. To address this issue, the Government will review the cost of hiring foreign domestic helpers, with a view of reducing it in the future.
179. For a start, the Government will allow employers to hire foreign domestic helpers from nine selected countries directly without any agents.
180. Subsequently, employers may apply for foreign domestic helpers' visa via online from the Immigration Department of Malaysia with the current levy and processing fees.
Housing
181. The Government will continue to intensify efforts to increase home-ownership for the rakyat with an allocation of RM2.2 billion as follows:
First: 17,300 units of People's Housing Programme;
Second: 3,000 units of People's Friendly Home under SPNB;
Third: 210,000 units of houses under PR1MA with prices RM250,000 and below. For this, RM1.5 billion is allocation for the period of two years;
Fourth: 25,000 units of 1Malaysia Civil Servants Housing Programme (PPA1M) will be completed in 2018 while another 128,000 units are at various stages of construction;
Fifth: 600 units of MyBeautiful New Homes (MyBNHomes) scheme for B40 households in Terengganu, Pahang, Melaka, Johor, Sabah and Sarawak as well as Orang Asli settlements;
Sixth: 2,000 units under MyDeposit programme to assist down payments as well as MyHomes programme to enable developers to provide more affordable homes;和
Seventh: A sum of RM200 million is allocated for maintenance and refurbishment of houses, including the 1Malaysia Maintenance Fund.
182. To encourage the construction of more affordable homes, the step-up financing scheme introduced by PR1MA will be extended to private housing developers subject to certain criteria.
183. With regard to abandoned housing projects, stamp duty exemption for loan agreements and letter of consent to transfer, are given to rescuing contractors and original owners of abandoned projects, effective 1 January 2018 to 31 December 2020.
184. To promote rental of residential homes, for the first time in 60 years, the Government proposes a 50% tax exemption on rental income received by resident individuals not exceeding RM2,000 per month for resident individuals.
185. This exemption is effective from the year of assessment of 2018 to 2020. The Government will also formulate the Residential Rental Act to protect the landlord and tenant.
Health
186. To provide quality healthcare services, the Government allocates about RM27 billion, encompassing:
First: A sum of RM2.5 billion is allocated for medical supplies, while RM1.6 billion for consumable and medical support items;
Second: A sum of RM1.4 billion is allocated for upgrading and maintaining healthcare facilities, medical equipment and ambulances. This includes, the construction of operation hall using a modular approach in three hospitals in Muar, Banting and Balik Pulau;
Third: Upgrade cardiology and cardiothoracic services at Sultanah Nur Zahirah Hospital in Kuala Terengganu and Sultanah Bahiyah Hospital in Alor Setar;
Fourth: A sum of RM100 million is allocated to upgrade hospitals and clinics, including wiring systems;
Fifth: A total of RM50 million is allocated for haemodialysis assistance with a subsidy of RM100 from the overall treatment cost of RM110 per session. An additional of RM40 million is allocated for the Medical Aid Fund. Both incentives are for the underprivileged;
Sixth: A sum of RM10 million is allocated for the treatment of increasing cases of rare diseases and RM30 million is provided for Healthy Community Empowers the Nation programme to create awareness about non-communicable diseases in 10,000 locations nationwide;和
Seventh: A sum of RM50 million is allocated for Voluntary Health Insurance Scheme to enhance the health sector.
187. Furthermore, the Government will build new hospitals and wards, including:
First: Two blocks of women and children wards at Tengku Ampuan Afzan Hospital and Putrajaya Hospital with a capacity of 300 beds each, with a cost of RM1 billion;
Second: Cancer centre at Sungai Petani at a cost of RM500 million with a capacity of 200 beds;
Third: A block dedicated for a specialist clinic as well as a new ward at Pulau Pinang Hospital with a capacity of 300 beds with a cost of RM500 million;和
Fourth: Construction of international forensic medical service centre at Kuala Lumpur Hospital with a cost of RM380 million.
Goods and Services Tax
188. The Government will further improve the implementation of Goods and Services Tax (GST), through the following measures:
First: Services provided by local authorities will not be subjected to GST, effective 1 April 2018 or 1 October 2018, according to the choice of local authorities;
Second: Reading materials comprising all types of magazines and comics will be zero-rated, effective 1 January 2018, to streamline the GST treatment;
Third: Cruise operators are given relief from paying GST on handling services provided by port operators in Malaysia. This relief will be effective from 1 January 2018 to 31 December 2020;和
Fourth: Construction of school buildings and houses of worship, funded through donations are given GST relief. It applies for construction contracts signed on or after 1 April 2017. 189.
The GST should not be politicised. In fact, the GST saved the economy this year, where without the RM41 billion collected we cannot imagine how the nation can cater for the needs of rakyat.
190. Until today, the opposition seem to be divided with regard to their views on GST system with some accepting GST based on zero-rate and the latest there are some who want to return back to the sales and services tax (SST).
191. Futhermore ,…
Fifth: Imports of oil and gas-related equipment under a lease agreement, supplied to customers in Malaysia by companies in Designated Areas, namely, Labuan, Langkawi and Tioman are given GST relief effective from 1 January 2018;
Sixth: Imports of big ticket items such as aircraft and ships by airline and shipping companies registered in Malaysia are given GST relief. GST relief are also given to companies in the oil and gas industry, importing oil rigs or floating structures, effective from 1 January 2018;和
Seventh: The management and maintenance services of stratified residential buildings supplied by the Joint Management Body (JMB) and management corporations are not subjected to GST. This treatment is expanded to cover the management and maintenance services provided by housing developers, effective from 1 January 2018.
SIXTH THRUST: FORTIFYING THE FOURTH INDUSTRIAL REVOLUTION AND DIGITAL ECONOMY
Industrial Revolution 4.0
192. In line with the emerging IR 4.0 and the era of digital economy, the Government will implement the Malaysia Digital Policy.
193. As such, in order to support the IR 4.0 business and investment activities, the Government will provide a matching grant worth RM245 million under the Domestic Investment Strategic Fund to upgrade the Smart Manufacturing facilities.
194. Furthermore, a futurised centre in Cyberjaya will be strengthened as a one-stop centre for corporate companies and universities to develop prototype products and elevate innovation.
195. The Government will provide tax incentives as follows:
First: Extend the incentive period for Accelerated Capital Allowance of 200% on automation equipment from year of assessment 2018 to year of assessment 2020;
Second: Extend the incentive period for Accelerated Capital Allowance of 200% for manufacturing and manufacturing-related services sectors;和
Third: Capital Allowance for ICT equipment, which includes spending on computer software development, is claimable for the period of four years beginning year of assessment 2018 to 2020, including for SMEs.
Sustainable Development
196. While we are progressing towards modernisation, we must preserve the sustainability of our environment for future generation.
197. My deepest condolences for the loss of lives in the Tanjung Bungah Pulau Pinang landslide tragedy, which has claimed 11 lives.
198. Our friend, the Honourable DAP Member of Parliament, wrote a poignant piece on his Twitter account.
199. What a touching piece by our Honourable Kepong Member of Parliament himself.
200. To ensure a sustainable development, the following measures will be implemented:
First: Provide a sum of RM5 billion under the Green Technology Financing Scheme to promote investment in green technology industry;
Second: Implement the Non-Revenue Water Programme with a cost of RM1.4 billion to reduce the average loss of water;
Third: Construct the Off-River Storage with a cost of RM1.3 billion as alternative water resources;和
Fourth: Provide a total of RM517 million for flood mitigation programmes.
Digital Free Trade Zone
201. Malaysia will be the first in the world outside China to establish a Digital Free Trade Zone (DFTZ) that comprises the e-Fulfilment Hub, Satellite Services Hub and e-Service Platform to stimulate growth in electronic trade. The DFTZ will transform KLIA as the regional gateway.
202. The first phase of DFTZ aims for 1,500 SMEs to participate in the digital economy and is expected to attract RM700 million worth of investment and create 2,500 job opportunities. For this, the Government:
First: Provides a sum of RM83.5 million to construct infrastructure for the first phase of DFTZ in Aeropolis, KLIA;和
Second: Increases the de minimis or minimum value for imports from RM500 to RM800 to establish Malaysia as the regional e-commerce hub.
Regulatory Sandbox
203. The Government will create a conducive ecosystem to gain benefits from innovation, particularly ideas from local startups.
204. The Government will expand regulatory sandbox approach to facilitate companies to test their new innovative ideas and business model which will be implemented by all related regulators.
SEVENTH THRUST: ENHANCING EFFICIENCY AND DELIVERY OF GOVERNMENT-LINKED COMPANIES AND PUBLIC SERVICE
205. Enhance efficiency and delivery of Government-linked Companies (GLCs) and public service.
Employees in Government-Linked Companies
206. In line with the development philosophy of growth with equity, it is Malaysia's desire to achieve strong economic growth and wealth be equally distributed among the rakyat.
207. In this regard, the GLCs will lead and be an example to the corporate sector. As such, every GLCs will be given a Key Performance Indicator (KPI) to increase employees compensation in line with productivity growth. This includes:
First: GLCs will increase their profit sharing with their employees through gradual payment of salaries and allowances;
Second: Introducing flexible benefits to increase disposable income by substituting annual and medical leaves for cash;
Third: Improving further flexible working arrangements to promote work-life balance through compressed work week, flexible and part-time working hours;
Fourth: Introduce leaves for umrah;
Fifth: Provide childcare centre in GLC's main offices as well as introduce shorter working hours for pregnant working women;和
Sixth: Increase investment in training, particularly conduct courses on digital skills to workers as well as provide children's education assistance.
Prioritise the Welfare of Senior Citizens, People with Disabilities and Children
208. The Government will provide an allocation of RM1.7 billion for the welfare of senior citizens, PWDs and children. This includes:
First: Increasing allowance for senior citizens by RM50 to RM350 per month with an allocation of RM603 million. This will benefit almost 144,000 senior citizens;和
Second: Increasing allowance for working and unemployed PWDs as well as caretakers of PWDs by RM50 per month with an allocation of RM100 million. This will benefit more than 163,000 individuals.
209. Furthermore, to protect children, particularly from sexual crimes, the Government has successfully set up the Special Criminal Court on Sexual Crimes against Children, the first in Southeast Asia. An additional three courts will be established in 2018.
Public Sector Home Financing Board (LPPSA)
210. From 1 January 2018, the Public Sector Home Financing Board (LPPSA) will implement measures to enable public servants to own their dream homes. Among the measures include:
First: Allow financing by LPPSA to construct property on waqf land;
Second: Include legal fee-related to sales and purchase agreement as part of financing by LPPSA;
Third: Allow LPPSA joint-loan for husband and wife or children with a condition that all applicants must be public servants;和
Fourth: Allow joint-home financing between husband and wife or children, with a condition at least one of the applicants is a public servant. The non-public servant needs to secure loans from financial institutions or agencies that provide financing facilities that agree to be the second mortgage holder.
EIGHTH THRUST: BALANCING BETWEEN THE PAR EXCELLENCE OF WORLDLY AND HEREAFTER
211. The future is uncertain.
212. Nevertheless, Allah SWT favours those who continuously work hard, plan their future for the benefit of country and society as a whole.
213. Based on Surah Al-A'raf verse 96, Allah SWT bestows His blessings and grace upon those who believe and fear Allah.
214. Therefore, the Government is targeting Malaysia:
First: To become a High-Income Advanced Economy in 2020;
Second: To record RM2 trillion of economy and trade value by 2025;
Third: To gain and benefit from IR 4.0 by 2030;
Fourth: To have a more competitive workforce with nearly zero defects by 2040;和
Fifth: To be ranked among the top 20 advanced countries in the world.
Socio-economic Research Unit
215. The fact remains families are the most important institution in developing values and humanity as social unity starts with harmonious and happy family.
216. For this, the Government will establish Socio-economic Research Institute (SERI) under Prime Minister's Department and enhance the UKM Institute of Ethnic Studies (KITA-UKM) as a national institution. An appropriate allocation will be provided by the Government.
217. SERI will review and evaluate the effectiveness of policies, and implementation of programmes and development projects. Meanwhile, KITA will coordinate studies on national socioeconomics education and establish the national social development index.
218. As an analogy, while the Economic Planning Unit (EPU) plays an important role in formulating economic policies and the Implementation and Coordination Unit (ICU) as the implementation arm of programmes and projects, the SERI 73 and KITA will be the main agency which covers the aspects of spiritual, ethical and universal pure values.
219. The Government always appreciate the role of NGOs and will continue to cooperate with them in addressing social challenges. Emphasis will be given to family institutions, which is the smallest yet most important nucleus in the development and wellbeing of our society.
Public Servants
220. As I mentioned in the 15th Majlis Amanat Perdana Perkhidmatan Awam (MAPPA) early this month, I have a few announcements for the 1.6 million public servants.
221. As a token of appreciation for the commendable services by the public servants, I am pleased to announce:
First: Introduce second time-based promotion to supporting staff after 13 years from the first promotion;
Second: Provide benefit to public servants who retire on medical reasons similar to those who retire at compulsory age;
Third: Allow Cash Award in lieu of Accumulated Leave (GCR) of more than 150 days to be taken during the retirement year;
Fourth: Increase special leaves for education officers from 7 to 10 days a year;
Fifth: Provide unrecorded leaves to public servants up to 7 days throughout their service for the purpose of umrah;
Sixth: Introduce new working hour from 9.00am to 6.00pm to provide further flexibility to public servants;
Seventh: Provide Flexible Working Hour one day a week for Grade UD54 and above Medical Specialists who have served a minimum of four years and meet certain requirements;
Eighth: Allow working women in their five month onwards of pregnancy to leave work an hour earlier. To accompany them, husbands are also allowed to go home an hour earlier with a allowed to leave work an hour earlier with a condition that the couple are working within the same location;
Ninth: Increase total maternity leave from 300 to 360 days throughout service subject to a maximum of 90 days a year;
Tenth: Encourage life-long learning among public servants through in-house Masters and PhD programmes;
Eleventh: Set minimum pension of RM1,000 per month, benefiting more than 50,000 retirees with at least 25 years of service;和
Twelfth: Extend the medical facilities to parents of retirees.
All the above measures will take effect from 1 January 2018.
Neighbourhood and Community
222. To appreciate the contribution of village heads and tok batins, the Government will provide a one-off special payment of RM1,500, benefiting 9,800 people. Of which, RM1,000 will be paid in January 2018, and the balance during Hari Raya Aidilfitri.
223. To create safe and peaceful environment in the neighbourhood areas, the Government will continue to provide 1Malaysia People Community Grant up to RM10,000 to registered resident associations to purchase security equipment, clean and maintain neighbourhood areas with a total allocation of RM40 million.
224. In addition, RM40 million is allocated to GiatMara to implement the first phase of community training programmes, involving PPR.
Uphold the Greatness and Integrity of Islam
225. My deepest condolences for the loss of 23 lives in the Darul Quran Ittifaqiyah Tahfiz Centre tragedy.
226. In this regard, the Government will allocate a total of RM50 million to GiatMara for upgrading and maintaining wiring system in all registered tahfiz schools nationwide.
227. Furthermore, GiatMara skills training scheme will be introduced to tahfiz school students.
228. Likewise, a total of RM588 million is allocated as monthly allowance for imam, bilal, KAFA and takmir teachers. As a token of appreciation including tok siak, the Government would like to announce… A one-off payment amounting to RM1,500, will be given to them of which, RM1,000 will be paid in January 2018, and the balance during Hari Raya Aidilfitri. This will benefit more than 65,000 individuals with an allocation of almost RM100 million.
CLOSING
229. May Allah SWT bless this 2018 Budget presentation.
230. …What is the point of being wealthy but weak in soul?
231. The Government aspires, not only as a nation with physical strengths but rich in soul and character i.e. par excellence in worldly and hereafter.
232. After months of hard work, involving ministries, agencies, private sector, NGOs, youth and professionals, and most importantly, all segments of the society have contributed through various platforms and channels in crafting this important document.
233. Thus, this Budget is the most inclusive that has ever been tabled.
234. This Budget encapsulates all the three important aspects Dho'ruriyat, Haajiyat and Tahsiniyat in safeguarding rakyat's welfare and to prosper the nation.
235. The Budget that has never been crafted so well, even during the last 22 years or the past 60 years of our own nation, and marked in history, making this Budget the Mother of All Budgets.
236. Indeed, this Budget is the collection of various premises that form the basis of a comprehensive Budget, taking into account the needs of all levels of society.
237. With this, the Budget dispels all doubts as propagated by the Opposition.
238. In fact, the Opposition is surrounded by misconceptions and is the real actor. There is no certainty in political leadership, how can they be trusted to provide a sound economic leadership. All this while, they have been making senseless propositions including abolishing GST and reducing taxes. All these are baseless claims.
239. All praises be to Allah, for His blessings on Government's efforts.
240. This is the right time to acknowledge public servants who have been loyal and provide efficient and effective public service delivery to the rakyat, hence, I am pleased to announce that… A special payment of RM1,500 be given to all public servants. The payment will be made twice, of which RM1,000 will be paid in early January 2018 and the balance during Hari Raya Aidilfitri. Meanwhile, the Government will provide a special payment of RM750 to Government retirees, of which RM500 will be paid in January 2018 and the balance during Hari Raya Aidilfitri.
241. I trust the rakyat is wise enough to differentiate between truths and lies.
242. More importantly, when the rakyat choose wisely it paves the path for Malaysia to flourish extensively.
243. When the rakyat and the Government are united, then the country emerges as a great nation.
244. We have to plan strategically in charting the course of the nation.
245. This can only be achieved through great teamwork and friendship. I am grateful for being blessed with a loyal friend… Deputy Prime Minister, Datuk Seri Dr. Ahmad Zahid Hamidi.
246. This include all the support from Members of the Cabinet, Leaders of Component Parties in steering the nation.
247. Come what may, we remain steadfast with our commitment.
248. Let's together ensure a big victory for Barisan Nasional in the 14th General Election.
249. O Allah, to You, we pray and submit. God bless Malaysia.
Related stories:
Budget 2018: Najib announces total allocation of RM280.25bil (Updated)
Budget 2018: 20% discount on full settlement of PTPTN loan
Budget 2018: Tax rates for households earning less than RM9k to be reduced
Budget 2018: Some tolls eased for motorists in Selangor, Kedah and Johor
Highlights of Budget 2018 proposals
Budget 2018 is comprehensive, says DPM
阅读更多
