{"id":21323,"date":"2016-01-15T11:33:37","date_gmt":"2016-01-15T03:33:37","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=21323"},"modified":"2016-01-15T11:36:44","modified_gmt":"2016-01-15T03:36:44","slug":"budget-2016-recalibration-to-be-announced-on-jan-28","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28","title":{"rendered":"Budget 2016 Recalibration To Be Announced On Jan 28"},"content":{"rendered":"

The much-anticipated Budget 2016 recalibration will be presented by Prime Minister Datuk Seri Najib Tun Razak on January 28, said treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah.<\/p>\n

Due to the sliding price of crude oil, at US$29 (RM126) per barrel on Wednesday, which affected Ringgit\u2019s value, the Government would announce a new estimate of the average oil price that the recalibrated Budget would be based on, Mohd Irwan added.<\/p>\n

The gross domestic product (GDP) for the year would also be revised but it would not compromise the delivery mechanism of the Government and would ensure pro-growth projects continue, he said.<\/p>\n

\u201cWe will make sure that the delivery system will go ahead and stay intact and we will not cut civil servant salaries and emoluments.<\/p>\n

\u201cThe Government will also conduct cost-cutting measures in areas that would not affect growth and look into areas that we could save on.<\/p>\n

\u201cFor example, Government vehicles will not be replaced, while the cost of overseas trips will be cut,\u201d he told The Star Online<\/em> during the opening of the World Bank Group office in Malaysia.<\/p>\n

Mohd Irwan are confident that a lot of savings could be made with 24 ministries in the Government, adding that the recalibrated Budget would continue to focus on the rising cost of living and rakyat-centric projects.<\/p>\n

[Source<\/a>]<\/em><\/p>\n

With the uncertain global and domestic economy, it’s time to take control of your finances. Start with getting the right credit card<\/a> that put money back into your wallet.\u00a0<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"

Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28.<\/p>\n","protected":false},"author":9,"featured_media":20030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[294,216],"tags":[],"class_list":["post-21323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budget-2016","category-news-updates"],"acf":[],"yoast_head":"\nBudget 2016 Recalibration To Be Announced On Jan 28 | iMoney<\/title>\n<meta name=\"description\" content=\"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget 2016 Recalibration To Be Announced On Jan 28\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-15T03:33:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-01-15T03:36:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"449\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iris Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iris Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28\",\"url\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28\",\"name\":\"Budget 2016 Recalibration To Be Announced On Jan 28 | iMoney\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage\"},\"thumbnailUrl\":\"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg\",\"datePublished\":\"2016-01-15T03:33:37+00:00\",\"dateModified\":\"2016-01-15T03:36:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\"},\"description\":\"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage\",\"url\":\"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg\",\"contentUrl\":\"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg\",\"width\":800,\"height\":449,\"caption\":\"Budget 2016\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Budget 2016\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/budget-2016\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Budget 2016 Recalibration To Be Announced On Jan 28\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\",\"name\":\"Iris Lee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"caption\":\"Iris Lee\"},\"description\":\"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/irislee\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Budget 2016 Recalibration To Be Announced On Jan 28 | iMoney","description":"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28","og_locale":"en_US","og_type":"article","og_title":"Budget 2016 Recalibration To Be Announced On Jan 28","og_description":"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28","og_url":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28","og_site_name":"iMoney Malaysia","article_published_time":"2016-01-15T03:33:37+00:00","article_modified_time":"2016-01-15T03:36:44+00:00","og_image":[{"width":800,"height":449,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg","type":"image\/jpeg"}],"author":"Iris Lee","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Iris Lee","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28","url":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28","name":"Budget 2016 Recalibration To Be Announced On Jan 28 | iMoney","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage"},"thumbnailUrl":"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg","datePublished":"2016-01-15T03:33:37+00:00","dateModified":"2016-01-15T03:36:44+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e"},"description":"Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#primaryimage","url":"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg","contentUrl":"\/articles\/wp-content\/uploads\/2015\/10\/fulltex.transformed.jpg","width":800,"height":449,"caption":"Budget 2016"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/budget-2016-recalibration-to-be-announced-on-jan-28#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Budget 2016","item":"https:\/\/www.imoney.my\/articles\/category\/budget-2016"},{"@type":"ListItem","position":3,"name":"Budget 2016 Recalibration To Be Announced On Jan 28"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e","name":"Iris Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","caption":"Iris Lee"},"description":"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.","url":"https:\/\/www.imoney.my\/articles\/author\/irislee"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/21323"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=21323"}],"version-history":[{"count":2,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/21323\/revisions"}],"predecessor-version":[{"id":21325,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/21323\/revisions\/21325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/20030"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=21323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=21323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=21323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}