Malaysia to slash 2026 federal operating spend over Iran war costs

Orientul Mijlociu

The finance ministry suggested RM5.4 billion (US$1.36 billion) in budget cuts for health and higher education ministries, according to local media reports.  KUALA LUMPUR: Malaysia's treasury has ordered all federal ministries, departments and agencies to cut their operating budgets for 2026 due to the impact of the Middle East conflict, according to a government official and documents reviewed by Reuters. In a government directive dated Wednesday (Apr 29), the finance ministry suggested RM5.4

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