Prime Minister Datuk Seri Anwar Ibrahim today unveiled an allocation of RM500 million to the Export-Import Bank of Malaysia Berhad (EXIM Bank) to support local companies affected by the ongoing global trade tariff disruptions.
The measure, unveiled during the tabling of Budget 2026 in Parliament, is designed to assist Malaysian exporters and manufacturers in managing the ripple effects of rising trade barriers and protectionist measures worldwide.
Anwar said the fund will be channelled through EXIM Bank to provide targeted financing and relief assistance to businesses facing cost pressures, market access challenges, and supply chain disruptions due to the shifting global trade environment.
“The Government recognizes that global trade tensions could have significant implications on our export-driven sectors in the coming months,” Anwar said, adding that the initiative reflects Putrajaya’s commitment to safeguarding Malaysia’s competitiveness and resilience amid external headwinds.
The Prime Minister made the announcement while presenting the largest federal budget in Malaysia’s history, highlighting the Government’s focus on economic resilience, inclusive growth, and structural transformation.
He further added that the Malaysia External Trade Development Corporation (MATRADE) has allocated RM60 million under its Market Development Grant to support micro, small, and medium enterprises (MSMEs) in exporting Malaysian-made products to both existing and emerging markets, including Africa, Latin America, and the Middle East.
The RM500 million allocation to EXIM Bank forms part of a broader national strategy to strengthen Malaysia’s external trade position and sustain industrial activity in the face of slowing global demand.
Further details regarding the disbursement mechanism and eligible sectors are expected to be released by the Ministry of Finance and EXIM Bank in the coming weeks.
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