Budget sets tone for recovery

PETALING JAYA: Budget 2021, Malaysia’s largest budget allocation in history, will be a key instrument that sets the tone for an accelerated economic recovery next year.

Experts have lauded the measures introduced under the Budget, which covers a wide spectrum in boosting private consumption, creating jobs, incentivising businesses to invest and driving development projects.Speaking with The Star, Alliance Bank chief economist Manokaran Mottain said Budget 2021 is tailored well to steer the country out of the current recessionary pressures.