The fact that Finance Minister Datuk Seri Tengku Zafrul (pic) revealed earlier that Budget 2021 will have a greater allocation compared to the previous year, is welcomed by households, businesses and experts. For context, a total of RM297bil was allocated under Budget 2020, which was tabled last year. Budget 2021 is the most crucial budget in recent years given the impact of the pandemic.
PETALING JAYA: All eyes are on the Parliament session today as the government sets to table one of the biggest, if not the biggest budget, to date.
With the Covid-19 pandemic and its containment measures being major headwinds for the economy, the market is banking on Budget 2021 for further stimulus to accelerate the still-fragile economic recovery and improve sentiment.
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