| Alternative budget of the Malaysian Federal Government Averting a crisis | |
| Year: | 2016 |
| Country: | Malaysia |
| Party: | Pakatan Harapan |
| Total Revenue: | MYR208 billion |
| Total Expenditures: | MYR238 billion |
| Spending: | MYR70.9 billion |
| Deficit: | MYR30 billion (2.48% of GDP) |
| Gdp: | MYR1,228.6 billion |
| Url: | Pakatan Harapan Alternative Budget 2016 |
The Malaysian alternative federal budget for the 2016 fiscal year was launched by Pakatan Harapan on 21 October 2015, two days before the Malaysian Budget Day, as a response to the government's federal budget.
Some of the key items in the alternative budget were:
(In million MYR)
| Source | Projected Revenues | % of Total Projected Revenues | |
|---|---|---|---|
| Direct tax Income tax Companies Individual Petroleum Withholding Co-operatives Others Other direct taxes Stamp duty Capital gains tax (proposed tax) Real property gains tax Others | 135,571 123,399 68,830 31,265 20,480 2,430 369 25 12,171 7,723 3,500 852 96 | 65.1% 59.3% 33.0% 15.0% 9.8% 1.2% 0.2% 0.0% 5.8% 3.7% 1.7% 0.4% 0.0% | |
| Indirect tax Excise duties Motor vehicles Tobacco, cigarattes and cigars Spirits and malt liquor Others Sales tax Import duties Others CKD and CBU vehicles Spirits and malt liquor Tobacco, cigarattes and cigars Other indirect taxes Service tax Export duties Crude oil Palm oil Others Levy Goods vehicles Oil palm fruit Goods and services tax | 26,784 14,396 9,016 3,974 1,402 3 2,890 2,865 2,217 533 82 33 2,715 1,943 1,824 1,646 175 3 152 152 0 0 | 12.9 6.9% 4.3% 1.9% 0.7% 0.0% 1.4% 1.4% 1.1% 0.3% 0.0% 0.0% 1.3% 0.9% 0.9% 0.8% 0.1% 0.0% 0.1% 0.1% 0.0% 0.0% | |
| Non-tax revenue Interests and proceeds from investments PETRONAS dividend Others Bank Negara Malaysia dividend Khazanah dividend Licenses, registration fees and permits Petroleum royalty Motor vehicle licenses Others Levy on foreign workers Other non-tax revenue Service fees Fines and penalties Proceeds from sales of goods Rentals | 43,618 24,354 20,000 2,204 1,700 450 13,427 5,432 2,824 2,608 2,563 2,456 1,390 1,153 570 268 | 20.9% 11.7% 9.6% 1.1% 0.8% 0.2% 6.4% 2.6% 1.4% 1.3% 1.2% 1.2% 0.7% 0.6% 0.3% 0.1% | |
| Non-revenue receipts | 1,401 | 0.7% | |
| Revenue from Federal Territories | 894 | 0.4% | |
| Grand Total Revenue | 208,268 |
These tables are in million MYR.
| Description | data-sort-type="number" | Projected Expenditures |
|---|---|---|
| Operating expenditures | ||
| Emoluments | 64,995 | |
| Supplies and services | 15,124 | |
| Assets | 1,106 | |
| Fixed Charges and Grants | 85,231 | |
| Other Expenditures | 1,379 | |
| Total Operating Expenditure | 167,835 | |
| Development expenditures | ||
| Direct Grant | 65,741 | |
| Loans | 3,175 | |
| Contingencies Reserve | 2,000.0 | |
| Total Development Expenditure | 70,916 | |
| Grand Total Expenditure | 238,750 | |