World · Malaysia Bureau
Creative economy to feature in Malaysia's 2027 budget plans, says communications minister
Communications Minister Fahmi Fadzil has outlined plans for the ministry's budget allocation for 2027, signalling expanded focus beyond traditional media operations. The ministry's proposals will encompass sectors outside its traditional broadcast and departmental functions.
LSN Malaysia ·
Communications Minister Fahmi Fadzil has indicated that the ministry's budget proposals for 2027 will prioritise the creative economy sector, broadening the department's fiscal scope beyond conventional areas.
Fadzil noted that the ministry's budget submissions for the coming fiscal year would extend beyond Radio Televisyen Malaysia (RTM) and its subordinate departments, positioning the creative sector as a key policy focus.
The minister's statement reflects the government's growing recognition of the creative industries' potential as an economic driver in Malaysia's broader development agenda. The expanded budget framework is expected to support initiatives that strengthen the country's creative output and digital content industries.
Details regarding specific allocation amounts and targeted creative economy initiatives under the 2027 budget proposals are expected to be disclosed following formal budget deliberations.