Last Friday, the Madani government unveiled Budget 2027, proposing RM460bn in spending for the year ahead, up from the revised RM444bn for 2026.
With plans to raise the minimum wage to RM2,000, expand cash assistance and increase tax relief for individuals, the government says it wants economic growth to translate into better living standards.
But with housing affordability, stagnant wages for graduates and the rising cost of living continuing to weigh on households, does Budget 2027 do enough to address the needs of ordinary people?
BFM talks to Dr Jeyakumar Devaraj, the chairperson of the socialist party PSM.
Presenter and producer: Dashran Yohan for BFM
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