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KUALA LUMPUR, Oct 23, 2015:The Rakyat Post brings you live coverage of the tabling of the 2016 Budget by Prime Minister Datuk Seri Najib Razak. Follow us on Facebook The Rakyat Post as well as Twitter @therakyatpost for the news as it unfolds.5.34pmCivil servants will be given a special allowance of RM500. For civil servant pensioners, the amount is RM250. This will be paid in January 2016.5.33pmEffective July 1 next year, minimum wage will be increased from RM900 to RM1,000 for Peninsular Malaysia. For Sabah, Sarawak and Labuan, minimum wage will be increased to RM920 from RM800 for all sectors, except for domestic services and maids.5.29pmTax exemption for each child below 18 years of age for the year 2016 will be increased from RM1,000 to RM2,000. Tax exemption for individuals whose spouses are not working will be increased from RM3,000 to RM4,000. Children supporting their parents, even though they are not living under the same roof, are given collective tax relief to the amount of RM1,500, provided their parents are over 60 and do not have a monthly income over RM2,000. Tax exemption for each child over 18 pursuing their higher education, the limit is raised from RM6,000 to RM8,000. For parents with disabled children who are pursuing their studies, tax exemption limit is raised from RM6,000 to RM8,000 for the tax year 2016.5.26pmThe Prime Minister said that the BR1M handout will benefit 4.7 million households and 2.7 million unmarried individuals, at an allocation of RM5.9 billion.5.25pmThe government will introduce a new BR1M category for recepients under the e-Kasih list with a salary of below RM1,000 a month who will receive RM1,050 under BR1M. For households with income below RM3,000, BR1M is increased from RM950 to RM1,000. For households with income between RM3,001 to RM4,000, BR1M is increased from RM750 to RM800. For unmarried individuals aged 21 and above, making less than RM2,000 a month, BR1M aid will be RM400, from RM350 previously.5.24pmTo help with cost of living, Bantuan Rakyat 1Malaysia (BR1M) handouts will continue.5.22pmTo express gratitude to civil servants, the government will fix the minimum wage for those in the civil service at RM1,200 a month. Minimum pension amount is also set at RM950 a month, involving 50,000 civil servant pensioners who has served for a minimum of 25 years.5.20pmIn order to increase efforts in integrity and reduce corruption, the Malaysian Anti-Corruption Commission (MACC) will continue to be strengthened. The number of MACC officers will also be added according to necessity.5.19pmTo reduce crime rate, RM155 million will be allocated to build two new district police headquarters in Lawas and Kota Kinabalu, apart from the 10 district police headquarters and five police stations already under construction.5.18pmRM523 million for the development of the Armed Forces camp in ESSCOM, Sabah as well as RM160 million for the construction of 4,000 units for the Armed Forces’ quarters.5.17pmRM17.3 billion will be allocated to the Defence Ministry to acquire six Littoral Combatant Ships, armored vehicles, Airbus A-400M, among others. The ministry will also adopt the Unmanned Airborne System to increase intelligence, surveillance and reconnaisance efforts.5.14pmRM180 million will be allocated for the management of natural disasters, RM730 million for flood mitigation projects and RM60 million for State Flood Warning and Prediction programme.5.13pmRM2 billion will be allocated to the Women, Family and Community Development Ministry to aid the disabled, senior citizens and poor families.5.12pmThe Women and Children KL Hospital, worth RM848 million, will be operational in Oct next year. The Kajang Hospital will also be redeveloped. RM260 million will be allocated to build and upgrade Klinik Desa, health clinics as well as dental clinics.5.11pmFive new hospitals will be constructed in Pasir Gudang, Kemaman, Pendang, Maran and Cyberjaya.5.10pmSkim Pembiayaan Deposit Rumah Pertama (first home deposit payment scheme) will be provided for affordable home buyers, with an allocation of RM200 million. The government will build 5,000 units under PR1MA and PPA1M at 10 locations near Monorail and LRT corridors and stations.5.09pmThe 2016 Budget will continue efforts in home ownership. PR1MA will build 175,000 units to be sold 20 percent below market price with an allocation of RM1.6 billion. 10,000 units are expected to complete by next year. 10,000 units will also be constructed for Rumah Mesra Rakyat under SPNB with a subsidy of RM20,000 a unit.5.00pmTo help small and medium Indian entreprenuers, RM50 million will be allocated for this purpose by SME Bank. RM100 million is also allocated under the Indian Community Socioeconomy Development programme.4.59pmThe government will increase the services of Klinik Bergerak 1Malaysia in the interiors of Sabah and Sarawak. This will include the purchase of boats and new vehicles.4.58pmThe Pan Borneo Highway will be toll-free.4.57pmIn 2016, a highway from Sindumin to Tawau in Sabah will be constructed, spanning a length of 706km at an estimated cost of RM12.8 billion.4.56pmThe Sarawak Pan Borneo Highway, spanning a length of 1,090 kilometres is expected to be ready by 2021 at an estimated cost of RM16.1 billion.4.55pmRM3.7 billion will be allocated to MARA, which includes education sponsorship for 72,000 Bumiputera students at the higher education level.4.53pmTo upgrade the National Service (NS) for 20,000 trainess, RM360 million will be allocated for it, encompassing new syllabus such as creative thinking skills and technical skills.4.52pmRM75 million will be allocated to produce more sports champions through programmes such as the Elite Podium Sports development programme. RM22 million will be allocated to build Sports Complexes in Bagan Datoh, Perak and Kuantan, Pahang.4.50pmThe government will also continue with its Baucar Buku 1Malaysia programme for 1.2 million students. To prevent abuse of these vouchers, redemption can only be made at bookstores that are authorised to receive these vouchers.4.48pmUnder the Malaysian Education Development Plan 2013-2025, the government will build 30 primary schools, 27 secondary schools, four Maktab Rendah Sains Mara (MRSM) and 5 boarding schools. RM135 million will also be allocated to increase students’ command of Bahasa Malaysia and English. The government will continue to provide RM100 aid to students, with an allocation of RM350 million, targeted for households earning less than RM3,000. This will benefit 3.5 million students.4.44pmRM515 million will be allocated to upgrade the electricity supply in Sabah.4.43pm2016 will be declared as the Malaysian Commercialisation year.4.40pmRM1.5 billion will be allocated to the Science, Technology and Innovation Ministry in order to make the country as a competitive technological hub in this region.4.36pmFor 2016, the government expects the arrival of 30.5 million tourists to contribute RM103 billion to the nation’s economy. RM1.2 billion will be allocated to the Tourism Ministry next year. The Prime Minister also said that RM67 million will be allocated for the MARA Bus Transport project, in order to handle bus transportation for non-economic routes in rural areas. The Malaysian Communications and Multimedia Commission (MCMC) will allocate RM1.2 billion to upgrade the internet speed for rural areas from 5Mb per second to 20Mb per second, among others.4.32pmRM42 million will be allocated to construct the Mukah Airport in Sarawak as well as to upgrade the airports in Kuantan and Kota Bharu.4.29pmThe government wants to Increase logistics infrastructure, and among the projects to be implemented is RM900 million for the traffic dispersal project along Jalan Tun Razak.4.28pmTo develop the Malaysian Vision Valley at 108,000 hectares from Nilai to Port Dickson, the Prime Minister says investment begins with RM5 billion. The government will also execute the Cyber City Centre in Cyberjaya, with a development value of RM11 billion, in the span of five years. The government will develop the Aeropolis KLIA at an area of 1,300 acres and this is expected to bring in investments worth RM7 billion. RM18 billion will be invested next year for the RAPID Complex project in Pengerang, Johor.
— TRP pic by Azrol Ali
— TRP pic by Azrol Ali
4.24pmThe Federal Government’s revenue for 2016 is expected at RM225.7 billion, an increase of RM3.2 billion as compared to 2015. The government’s fiscal deficit is expected to reduce to 3.1 percent in 2016. The theme of next year’s budget is “Mensejahtera Kehidupan Rakyat“, and is based on 5 priorities, the Prime Minister said.4.20pmGST already paid for prepaid reloads will be credited back to users beginning Jan 1, 2016 to Dec 31, 2016.4.18pmZero rated GST on all types of controlled medicines under Groups A, B, C and D of the Poisons list. Zero rated GST also on 95 over the counter medication for 30 illnesses, including cancer, high blood pressure, and heart disease among others. This covers 8,630 medicines as compared to 4,215 previously.4.16pmThe government is ready to introduce more GST exemptions to daily necessities.4.15pmThe Prime Minister took to thanking the Opposition for understanding the need to implement GST, as they had included it in their alternative budget, receiving a roaring applause from MPs in the August house.4.13pmFor 2016, the Government calculates that if the Goods and Services Tax (GST) is not implemented, the country’s revenue will be reduced as much as RM21 billion. If the country sticks to the old Sales and Services Tax (SST), the Prime Minister says the country’s revenue will only be RM18 billion. as compared to GST which is projected at RM39 billion.4.09pmNajib says hardcore poverty is almost at zero per cent.4.05pmThe Budget that is being tabled today is an interpretation of the 11th Malaysia Plan (RMK11), the Prime Minister tells the August house. Najib says that regardless of what is being reported in the media, such as allegations that the country is bankrupt, Malaysia has faced global and domestic challenges but the government has proved it is able to overcome all.4.00pmPrime Minister Datuk Seri Najib Razak is now in Parliament, ready to table the 2016 Budget.
— TRP pic by Azrol Ali
— TRP pic by Azrol Ali
3.50pmDeputy Umno President Tan Sri Muhyiddin Yassin arrives in Parliament ahead of the Budget tabling.
— TRP pic by SM Amin
— TRP pic by SM Amin

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