2016 Budget Breakdown

AIR TRAVEL

  • RM42mil to build new Mukah Airport in Sarawak and to upgrade airports in Kuantan and Kota Baru
  • Feasibility study to look into extending Batu Berendam Airport runway
  • Airport township KLIA Aeropolis expected to attract RM7bil in investments
  • Economy class domestic flights on Rural Air Services (RAS) routes exempted from GST

TRANSPORT

  • Four highways to be built: Damansara-Shah Alam (Dash), Sungai Besi-Ulu Klang (Suke), Pulau Indah and Central Spine Road.
  • RM900mil to implement the Jalan Tun Razak Traffic Dispersal Project to reduce congestion
  • RM18bil investment in RAPID Complex in Pengerang, Johor
  • Ampang and Kelana Jaya-Putra Heights LRT and Sungai Buloh-Semantan MRT projects to be ready 2016.
  • LRT3 Bandar Utama, Damansara-Johan Setia, Klang to begin construction next year with a 2020 completion date
  • Bus Rapid Transit (BRT) for KL-Klang to cost more than RM1.5bil and BRT Kota Kinabalu to cost almost RM1bil

CIVIL SERVANT, WAGES & PENSIONS

  • RM500 assistance to all civil servants and RM250 to government pensioners
  • 1bil in increments for civil servants
  • Starting salary of civil servants set at RM1,200
  • Minimum pension set at RM950
  • RM77mil for Human Resource Development Council to improve management of foreign workers
  • RM250mil to train 15,000 participants under the 1Malaysia Training Scheme
  • 100,000 houses for civil servants costing RM90k to RM300k by 2018
  • Minimum wages in Peninsula raised from RM900 to RM1,000 from July 2016 and from RM800 to RM920 in East Malaysia

SME

  • RM50mil for Kojadi
  • RM90mil for micro-credit loans for Chinese hawkers and petty traders
  • RM40mil easy credit for Chinese new villages
  • RM500mil for Bumiputera entrepreneurs
  • RM100mil for Indian entrepreneurs
  • RM50mil for SME Bank to help Indian entrepreneurs
  • RM500mil IBS promotion Fund via SME Bank for G5 and below contructors
  • RM35mil to MaGIC of which RM10mil for startup funds
  • RM30mil for young entrepreneurs
  • SMEs incurring expenditure on R&D up to RM50,000 can claim double tax deduction

SECURITY FORCES

  • RM20mil to implement the Safe City programme in 60 ‘black sites’ prone to street crime
  • 15 new police stations and RM35mil for 500 motorcycles and patrol cars
  • RM523mil to set up ESSCOM military camps in Felda Sahabat
  • 3bil for the army to procure 6 Littoral Combatant Ship, a Very Short Range Air Defence weapons system, armoured vehicles, Airborne System for intelligence, surveillance and reconnaissance.
  • RM160mil to build 4,000 new military quarters

INCOME TAX

  • Tax payers get relief increase from RM1,ooo to RM2,000 for each children under the age of 18
  • Tax relief for those with unemployed spouse increased from RM3,000 to RM4,000
  • New tax relief for those supporting unemployed parents above 60- RM1,500 for each parent
  • RM8,000 tax relief (up from RM6,000) for parents with children above the age of 18 studying at local or foreign higher learning institutes
  • Parents with disabled children above 18 pursuing higher studies to get RM8,000 tax relief (up from RM6,000), on top of existing RM6,000 tax relief for parents with disable children. (total relief is RM14,000)
  • Those with chargeable income of between RM600,000 and RM1mil to pay 26% tax (from 25%) and those with more than RM1mil to pay 28% (from 25%)

TOURISM

  • E-Visa for tourists from China, India, Myanmar, Nepal, Sri Lanka, the US and Canada
  • RM80mil to build Tourism Academy in Kota Kinabalu, a vocational college in Sandakan and an industrial training institute in Serian
  • RM50mil for tourism capital venture fund

INFORMATION TECHNOLOGY

  • GST for mobile prepaid reloads will be credited directly into prepaid accounts
  • RM200mil SME Technology Transformation Funds with interest rate of 4%
  • 2bil for MCMC to increase internet speed from 5 to 20 mps
  • RM250mil allocated for national broadcasting projects

HEALTH

  • 8,630 drugs brands now on GST zero-rated list including cancer, heart, hypertension and diabetic medicines, double from last year
  • Five new hospitals to be built in Pasir Gudang, Kemaman, Pendang, Maran and Cyberjaya. Kajang Hospital to be rebuilt
  • RM72mil in medicine assistance, including haemodialysis, for 10,000 patients
  • 6bil for medicine, consumables, vaccines, and reagents to all government hospitals and clinics
  • RM52mil to open 33 new 1Malaysia Clinics and to continue 328 others
  • RM260mil for building and enhancing community, health and dental clinics nationwide

SPORTS

  • RM145mil to prepare our national athletes for the 2017 SEA and Para ASEAN Games
  • RM75mil to nurture more “world class” athletes with Elite Sports Podium Development programme
  • RM22mil to build two sports complexes in Bagan Datoh and Kuantan

BR1M

  • 9bil pumped into BR1M for 7.4mil households and people
  • E-kasih participants earning below RM1,000 will receive RM1,050 handout in new BR1M category
  • Previous BR1M recipients will receive RM50 more

EDUCATION

  • 7bil for MARA to sponsor 72,000 Bumiputra students to continue tertiary level studies
  • RM100 schooling assistance to 3.5mil students to continue
  • 27 secondary schools and 30 primary schools to be built
  • 300 pilot schools to start English-driven programmes for RM38.5mil. Another RM135mil spent to uphold Bahasa Malaysia and strengthen English
  • Paid recess meals for students of poor family will now include breakfast
  • 6mil to implement programmes in 9,113 pre-school classes in schools nationwide
  • Four MARA Junior Science College and five fully residential schools to be built in peninsular Malaysia

HOUSING

  • RM40mil to revive abandoned housing projects
  • RM150mil to refurbish 11,000 houses in rural areas
  • RM155mil to repair low-cost public houses
  • RM200mil to build 10,000 unit Rumah Mesra Rakyat
  • RM863mil to build 22,300 condos and 9,800 terrace house under the People’s Housing Programme
  • RM200mil to fund loans for the down-payment of first time house buyers

RURAL

  • 4bil to build and upgrade 700km of rural roads
  • 4bil to supply water and electric to 13,000 rural homes
  • 2bil to quadruple internet speed to 20M/s in rural areas under the National Fibre Backbone infrastructure

ORANG ASLI

  • RM60mil for Orang Asli Affairs Department (Jakoa) to build homes for Orang Asli
  • RM300mil for the Orang Asli community; RM160mil for NGOs for community development, unity, welfare, health and safety projects

AGRICULTURE

  • RM450mil to modernise the agriculture sector for vegetable cultivation, matching and research grants for herbal products and fishing cage farming
  • RM180mil to upgrade drainage and irrigation for agriculture purposes
  • RM190mil to set up 50 farmers’ market and 150 new Agrobazaars Rakyat 1Malaysia
  • RM70mil for the Youth Agropreneur Development Programme and Agriculture Financing
  • Annual sales of turnover threshold for small farmers registered with the Flat Rate Scheme under the GST is reduced to RM50,000 from RM100,000 to allow small scale farmers to impose additional 2% on sale value
  • Extended tax incentives for food production till 2020 for deer rearing, cultivation of mushrooms, coconuts, seaweed and honey bees including planting animal feed such as sweet potatoes and tapioca
  • RM50mil to improve productivity and income under Felcra and Risda
  • RM200mil to improve rubber production to benefit 300,000 smallholders

 

Source – The Star 24 October 2015