LATEST NEWS   Budget 2027: Govt agrees to increase total maternity leave entitlement over the course of service from 360 days to 490 days | Budget 2027: Minimum pension rate to be raised from RM1,000 to RM1,350 per month, benefiting nearly 59,000 retirees | Budget 2027: RM2.3 billion for construction and maintenance of quarters for civil servants, including for doctors, teachers and firefighters | Budget 2027: Assistance rate for care of bedridden OKU and chronically ill patients raised from RM500 to RM600 per month. | Budget 2027: Total allocation for OKU increased to RM1.5 billion, benefiting over 300,000 individuals | 
BUSINESS • 09/10/2026 05:50 PM

Microfinancing Increased To RM6.6 Bln To Boost Income Of Small Business Entrepreneurs

KUALA LUMPUR, Oct 9 (Bernama) -- Microfinancing will increase to RM6.6 billion in 2027 to help small business entrepreneurs increase their income, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar said the government has allocated RM200 million for the Sejahtera MADANI grant to provide equipment and training to 40,000 recipients, especially women.

“Next year, a total of RM3 billion from the Amanah Ikhtiar Malaysia (AIM) Fund will be available to assist 360,000 entrepreneurs.

Ad Banner

“The financing fund for the National Entrepreneurial Group Economic Fund (TEKUN) will be increased to RM1.3 billion to support the development of Bumiputera entrepreneurs,” he said when tabling the 2027 Budget in the Dewan Rakyat today.

Anwar said financing under TEKUN and AIM for the Indian community has also been increased to RM150 million.

He said the National Savings Bank (BSN) will provide RM1.7 billion in micro-financing.

Ad Banner
Ad Banner
Ad Banner

Anwar added that special allocations benefiting youth, gig workers, vendors, and vulnerable groups have also been provided.

-- BERNAMA

 

 

More News

Categories

Tags