Key facts
- Malaysia's 2027 budget was approved by parliament on Thursday, October 29, 2026.
- Prime Minister Anwar Ibrahim secured the backing of 12 opposition and independent lawmakers.
- The deal includes annual constituency funding of RM3 million to RM4 million for the supporting MPs.
- Bersatu will support key reforms such as a two-term limit for the prime minister.
- The government now has the support of 147 out of 222 MPs.
Malaysian Prime Minister Anwar Ibrahim's government successfully passed the first reading of the 2027 budget on Thursday, October 29, 2026, after securing unexpected support from former rival Muhyiddin Yassin and 12 other opposition lawmakers. The deal, formalized through a confidence and supply agreement, grants these MPs annual constituency funding in exchange for their backing on the budget and key reforms. This parliamentary victory provides Anwar with crucial political breathing room ahead of the next general election.