While presenting Budget 2026 in Parliament today (10 October), Prime Minister Datuk Seri Anwar Ibrahim announced that the government has agreed to hike up prices of alcohol to encourage Malaysians a healthier lifestyle.
Anwar explained that the government plans to raise the excise duty on liquor products by 10%, effective 1 November 2025.
Excise duty for alcohol to be increased by 10% starting November 2025
The additional revenue from cigarettes and alcoholic beverages will be allocated to the Ministry of Health (MOH), including for the MOH Lung Health Initiative, as well as treatments for diabetes and heart disease.
“Prevention is better than cure. It is proposed that eligible vaccination expenses be included for individual income tax relief, covering all types of vaccines registered and approved by the Ministry of Health,” he said.
Stay tuned to WORLD OF BUZZ for more updates!
