The government has no plans to re-table Budget 2026 in Parliament, despite ongoing global economic uncertainty.
However, Government Spokesperson and Communications Minister Datuk Fahmi Fadzil said all ministries have been instructed by the Ministry of Finance (MOF) to review and adjust their operational spending.
He said the directive is part of efforts to streamline government programmes and implementation, in light of global supply chain challenges affecting Malaysia.
Fahmi added that each ministry has already received formal notification regarding the spending adjustments, with further details to be coordinated between ministry secretaries-general and the Chief Secretary to the Government, Tan Sri Shamsul Azri Abu Bakar.
At the same time, Prime Minister Datuk Seri Anwar Ibrahim has also instructed that official events, workshops and large-scale programmes organised by ministries, agencies, statutory bodies and government-linked companies (GLCs and GLICs) be conducted on a more moderate scale.
On the country’s crude oil supply situation, Fahmi said the National Economic Action Council (MTEN) has reported that supply levels remain satisfactory for May and June, with no immediate concerns expected.
However, he noted that MTEN is closely monitoring global oil price movements, including potential impacts on fuel products such as RON95 and diesel, particularly amid developments linked to the Strait of Hormuz situation.
He also said that several assistance mechanisms, including Budi95, Budi Diesel and Budi Individu, are currently being reviewed and may be adjusted if necessary.
Responding to questions on two vessels reportedly affected in the Strait of Hormuz while returning to Malaysia, Fahmi said there are no new updates on the matter at this time.
