The government has played a crucial role in ensuring that the nation’s wealthis enjoyed by the citizens in a fair and equitable manner. Thus, it’s becomes theresponsibility of the government to plan for the citizens. Due to the global economiccrisis that affected our countries, it makes difficult for the government to plan wisely.However, today global economic crisis has showed a strong sign of recovery and thisrequires the government to plan the resources wisely. The resources are plan and present as a budget. Every year, Ministry of Finance is responsible for planning the budget for the citizen.Budget 2010 was presented by Minister of Finance or our Prime Minster,Dato’ Sri Mohd Najib Tun Razak on 23
October 2009 at Dewan Rakyat. The themeof Budget 2010 is “1Malaysia, together we prosper. Budget 2010 is the last budget for 9
Malaysian Plan. It is the foundation of the development of new economic modeland a precursor to the 10
Malaysian Plan.Malaysia has successful in transforming its economy form agriculture based tothe industrial based. Now, Malaysia is moving to the new economic model. This neweconomic model is based on innovation, creativity and high-value added activities toremain competitive in the global economies. Innovation is an important agenda for Malaysia, as the government will transform Malaysia through comprehensiveinnovation process. The innovation includes private and public sector governance,societal, urban, rural, corporate, industrial, education, healthcare, transport, socialsafety net, and branding innovation. The government is serious in implementing thoseinnovations to promote Malaysia to be in advanced economy.