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I need some assistance with these assignment. budget support to sme for malaysian budget Thank you in advance for the help! Malay SMEs are defined into two categories, i.e. (1) manufacturing services and agro-based industries and (2) service, primary agriculture as well as Information and Communication Technology (ICT) based on their annual turnovers and their total worker population. SMEs in the manufacturing services and agro-based industries segments operate with the manpower of around 150 employees on a full-time basis. Additionally, the annual turnover of these enterprises accounts to around RM 25 million (Saleh and Ndubisi, “An Evaluation of SME Development in Malaysia”). On the other hand, SMEs of the service, primary agriculture as well as Information and Communication Technology (ICT) sectors employ around 50 workers on a full time basis, while, the annual turnover of these enterprises are accounted to be around RM5 million (Saleh and Ndubisi, “An Evaluation of SME Development in Malaysia”).

Contextually, analyzing and recording its apparent inclusion in the overall economic structure of Malaysia along with other developing nations such as India, Uganda, Namibia, and others, governments have been rendering immense significance to the resources allocated to SMEs when attempting for economic budget planning (OECD, “Promoting SMEs For Development”). A budget, in general, represents the documentation of monetary capital or investment required in order to carry out proposed plans for performing the desired business operations in an effective manner. Moreover, budgets represent the expenditures required for conducting the activities of a proposed plan in an efficient manner. It also aims to determine the amount of income which is to be generated after the completion of work in accordance with the proposed plan (CIVICUS World Alliance for Citizen Participation, “Budgeting”. The World Bank Group, “Budgeting”).

In this thesis, the discussion will emphasize the significance of SMEs in relation to the budgetary planning of developing nations, taking into account the recent illustration of the Malay economy. Therefore, the components of the 2013 budget of Malaysia will be analyzed in the following discussion with the aim to evaluate the budgetary impacts on Malay SMEs.