Crowd-pleasing budget with an eye to revive economy, say observers
Azmi Hassan says Finance Minister Tengku Zafrul Abdul Aziz could have ended his speech in half an hour but chose to explain in detail the incentives in effort to draw people’s attention to next year’s allocation. – The Malaysian Insight pic by Seth Akmal, October 7, 2022.
TODAY’S budget announced by Finance Minister Tengku Zafrul Abdul Aziz was an election budget while designed to lift the country’s economy, political observers said. Analysts said the government led by Prime Minister Ismail Sabri Yaakob is trying to maintain the current momentum with numerous economic revival plans, as well as aid and subsidies particularly targeting the B40 group.
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