Dewan Rakyat Speaker Johari Abdul announced that 120 MPs voted in favour of the bill, 67 against it, and 35 were absent. The bill will now move to the committee stage for further debate.

The federal government has allocated a total of RM419.2 billion under the 2026 budget – RM2 billion less than the RM421 billion allocated for 2025.

Of this, RM338.2 billion is designated for operating expenditure, while RM81 billion is set aside for development expenditure.

The allocation for operational expenditure is 1.8% higher than the revised 2025 budget, with emoluments continuing to make up the largest component at RM109.4 billion.

Meanwhile, RM81 billion has been allocated for development expenditure, which will cover 2,300 programmes and projects under the 13th Malaysia Plan (13MP), with the economic sector accounting for the largest share at RM36.8 billion, or 45.4%.

The annual budget will consolidate and optimise national resources, including funds from government-linked investment companies (GLICs), federal statutory bodies and Minister of Finance Incorporated (MoF Inc).

When tabling the budget on Oct 10, Prime Minister Anwar Ibrahim said GLICs will contribute RM30 billion in investments, along with RM10 billion in public-private investments and RM10.8 billion from federal statutory bodies and MoF Inc.

Under the budget for 2026, Sabah and Sarawak have received record allocations for RM6.9 billion and RM6 billion, respectively. Both are increases from RM6.7 billion and RM5.9 billion, respectively, allocated for this year.

The budget provides multiple perks for the public, including another round of RM100 Sumbangan Asas Rahmah (SARA) aid in mid-February, an affordable basic health insurance product for Malaysians, and up to RM1,000 in tax rebates on entry fees to local tourist attractions.