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.