Malaysia’s Prime Minister, Tan Sri Muhyiddin Yassin said the country’s 2021 budget will be centered on four main thrusts, including targeted support for economic vulnerable groups during the Covid-19 pandemic. He said many groups had been affected even though the government had provided various stimulus packages amounting to almost RM300 billion.
“This budget will provide another form of assistance and support to the groups,” he said in a special media conference in Putrajaya.
He said the second thrust would focus on supporting industries through specific incentives once recovery measures are implemented. The other core thrusts include empowering service delivery and developing sustainable living.
Tan Sri Muhyiddin said the thrusts were aimed at preventing the B40 group from falling into poverty by providing a strong safety net.