Mother of all budgets to the rescue


Proactive move: To stem the third wave of Covid-19 from extending into 2021, the government has allocated RM1bil for containment measures. — Bernama

WITH about RM322.5bil allocated under Budget 2021 – RM69bil of which is for development expenditure, the government is hoping to accelerate the country’s still-fragile economic recovery and boost sentiment among households and businesses.

Dubbed as the mother of all budgets, the expansionary Budget 2021 is an “indirect stimulus package” for the economy, which continues to be affected by the Covid-19 pandemic and its containment measures.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Budget , economy , recovery , households , businesses ,

   

Next In Business News

Oil settles at one-month low on Gaza ceasefire hopes
BAM: Branding is key to standing out
Five decades of innovation and inspired creations
How the collection of taxes can help the needy
Blackstone’s Gray expects ‘new cycle’ for real estate market
Sik Cheong to expand vegetable oils business post-IPO
Improving social welfare
Mall operators remain cautious
Public-private pact the right way to go
Builders on track for continuing, solid growth with project flows

Others Also Read