| Budget of the Malaysian Federal Government | |
| Year: | 2016 |
| Country: | Malaysia |
| Previous Budget: | 2015 Malaysian federal budget |
| Previous Year: | 2015 |
| Next Budget: | 2017 Malaysian federal budget |
| Next Year: | 2017 |
| Presented: | 23 October 2015 |
| Parliament: | 13th |
| Party: | Barisan Nasional |
| Minister: | Najib Razak |
| Treasurer: | Ministry of Finance |
| Total Revenue: | MYR225.7 billion |
| Total Expenditures: | MYR267.2 billion |
| Spending: | MYR52 billion |
| Debt Payment: | MYR26.6 billion |
| Deficit: | MYR38.8 billion (3.1% of GDP) |
| Debt: | MYR627.5 billion (54% of GDP) |
| Gdp: | MYR1,114.8 billion (4.0%-5.0%) |
| Bill: | 2016 |
| Bill Link: | http://www.treasury.gov.my/pdf/bajet/ucapan/ub16.pdf Supply |
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.
Official sources (Malay version)
Official sources (English version)
(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 | valign=top | 125,566 116,558 74,381 30,266 9,331 2,473 84 23 9,008 6,766 2,163 79 | valign=top | 55.6% 51.6% 33.0% 13.4% 4.1% 1.1% 0.0% 0.0% 4.0% 3.0% 1.0% 0.0% | ||
| valign=top | 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 | valign=top | 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 | valign=top | 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 | valign=top | 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 |
These tables are in million MYR.
| Description | data-sort-type="number" | Projected Expenditures | data-sort-type="number" | 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 | |||
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 | ||||
|---|---|---|---|---|---|---|---|
| data-sort-type="number" | Expenditures | data-sort-type="number" | Operating Expenditures | data-sort-type="number" | Development Expenditures[2] | data-sort-type="number" | Expenditures |
| 1 | 131.1 | 131.1 | |||||
| 2 | 2.1 | 2.1 | |||||
| 3 | 163.8 | 163.8 | |||||
| 4 | 150.6 | 150.6 | |||||
| 5 | 47.4 | 47.4 | |||||
| 6 | 20,309.9 | 5,984.2 | 14,325.7 | ||||
| 7 | 2,515.4 | 2,436.6 | 78.9 | ||||
| 8 | 185.4 | 185.4 | |||||
| 9 | 251.8 | 251.8 | |||||
| 10 | 4,477.2 | 3,626.0 | 851.3 | ||||
| 11 | 25,885.9 | 25,885.9 | |||||
| 12 | Contribution to Statutory Funds | 1,883.8 | 1,883.8 | ||||
| 13 | 710.5 | 595.1 | 115.4 | ||||
| 20 | 650.4 | 234.8 | 415.5 | ||||
| 21 | 5,353.8 | 3,487.9 | 1,865.9 | ||||
| 22 | 10,831.2 | 5,379.9 | 5,451.3 | ||||
| 23 | 2,670.9 | 1,008.1 | 1,662.8 | ||||
| 24 | 1,914.4 | 539.3 | 1,375.2 | ||||
| 25 | 797.4 | 730.1 | 67.3 | ||||
| 27 | 5,775.9 | 2,223.3 | 3,552.6 | ||||
| 28 | 3,954.7 | 1,194.1 | 2,760.6 | ||||
| 29 | 2,262.0 | 125.3 | 2,136.6 | ||||
| 30 | 1,527.0 | 661.1 | 865.8 | ||||
| 31 | 1,221.0 | 973.2 | 247.8 | ||||
| 32 | 1,316.3 | 358.3 | 958.0 | ||||
| 40 | 16.8 | 16.8 | |||||
| 42 | 23,031.1 | 21,430.8 | 1,600.3 | ||||
| 43 | 4,173.1 | 2,477.1 | 1,696.0 | ||||
| 45 | 931.8 | 473.9 | 458.0 | ||||
| 46 | 1,376.8 | 836.1 | 540.7 | ||||
| 47 | 1,806.1 | 1,288.4 | 517.7 | ||||
| 48 | 1,986.9 | 1,873.3 | 113.6 | ||||
| 60 | 17,304.4 | 13,457.3 | 3,847.1 | ||||
| 62 | 13,092.7 | 12,251.8 | 840.9 | ||||
| 63 | 41,359.7 | 39,315.9 | 2,043.8 | ||||
| 64 | 13,378.3 | 11,767.1 | 1,611.2 | ||||
| 70 | 2,000.0 | 2,000.0 | |||||
| align=right colspan=2 | Total Functional Expenditure ! | 215,448.0 | 163,448.0 | 52,000.0 | |||
| Dependent | Description | Projected | Actual | ||||
| Expenditures | Operating Expenditures | Development Expenditures | Expenditures | ||||
| (1) | 13.5 | 13.5 | rowspan=14 | ||||
| (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 | ||||
| align=right colspan=2 | Total Dependent Expenditure ! | 51,776.2 | 51,776.2 | ||||
| align=right colspan=2 | Grand Total Expenditure ! | 267,224.0 | |||||