# Malaysia Budget 2027 Explained: Who Wins, Who Pays? \[Hot Seat\]

An episode of [Mr Money TV Podcast](https://invisiblenetwork.ai/podcast/1540414075), 13 Oct 2026, 1 h 13 min.

Audio: https://anchor.fm/s/96fbb51c/podcast/play/127389979/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-9-13%2F434056519-44100-2-4995937ad8233.mp3

In this episode of Mr. Money TV Hot Seat, we sit down with Treasury Secretary-General Tan Sri Johan Mahmood Merican, one of the people behind Budget 2027. Is this an election budget? Who really benefits from the RM2,000 minimum wage? And how can the government give out more, yet still spend less?We also get into oil prices, Malaysia's debt, pension reform and what the budget left out, plus what it actually means for a 25-year-old earning RM3,000.Chapter Markers:0:00 - Teaser0:38 - Meet the Treasury Secretary-General2:50 - Is Budget 2027 an Election Budget?5:15 - How the Budget Is Made14:47 - The New Individual Tax Relief18:21 - Taxing the Rich to Pay for the Middle?20:52 - RM2,000 Minimum Wage: Who Really Benefits?34:20 - Spending More but Shrinking the Deficit?37:06 - What If Oil Stays Above USD100?46:46 - How Much Is Malaysia Paying in Interest?50:24 - Pension Reform and Civil Service Costs56:44 - Earning RM3,000 at 25: What's in It for You?1:04:27 - GST, Sugar and RON95: What Wasn't Touched1:10:14 - Rapid Fire#MrMoneyTV #Budget2027 #Bajet2027 #MalaysiaBudget #MinimumWage #IncomeTax #TaxRelief #M40 #CostOfLiving #PersonalFinanceMalaysia #MalaysianFinance #MalaysianPodcastCome say Hi to us at,🌐 Website: https://www.mrmoneytv.com/📘 Facebook: /mrmoneytv🐦 Twitter: https://x.com/mrmoneytvchnl?s=21📱 Instagram: /mrmoneytv🖊️ LinkedIn: /mr-money-tv🤳 TikTok: @mrmoneytvchannel🎙️ Podcast: \[https://open.spotify.com/show/1EhftKYdbpC0C2VnTJOO2K\]For business & job enquiries, do contact us at,✉️ collabs@finlitmedia.coDisclaimer: This is not investment advice. All content produced is solely for education and entertainment purposes only. Please consult your financial adviser before making any investment decision.

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