KUALA LUMPUR: Maybank Investment Bank Research expects the Budget 2021 proposals to be announced this Friday will allocate more funds for social welfare and safety nets and also measures to spur consumer spending.
In its outlook report on Monday, it said the government would continue and enhance targeted supports to the vulnerable population (e.g. review existing Social Welfare Department’s monthly aid of RM200 to RM300) as well as on Covid-19-related healthcare expenses, including vaccine purchases.
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