Budget 2026 likely to see record high of RM430.3bil federal govt spending, says Kenanga
KUALA LUMPUR: Kenanga Investment Bank Bhd expects federal government spending to hit a record high of RM430.3 billion next year amid growing operating expenditure (OE) and development expenditure (DE). Ahead of the Budget 2026 presentation next week, the investment bank said in a note today that OE is expected to increase modestly by 2.6 per cent year-on-year to RM342.3 billion in...