Finance Ministry to study Malaysians’ proposals for Budget 2021, says deputy minister | Malay Mail

Sunday, 19 Jul 2020 11:33 PM MYTKOTA KINABALU, July 19 — The Finance Ministry will study each proposal submitted by the people and stakeholders in drafting the 2021 Budget which is scheduled to be tabled in Parliament in November, and subsequently the tabling of the 12th Malaysia Plan next year.

The health emergency due to the Covid-19 pandemic is the worst incident in world history and the economic impact is the most devastating in 100 years. “Even if seeing signs of recovery happening in Malaysia following various fiscal initiatives and monetary intervention specially through the stimulus package worth RM295 billion, the real worry will come September when the moratorium estimated at RM100 billion and I-Lestari facility expire,” he said in a statement released here, today.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G20 finance officials poised to recommend extension of debt freeze | Malay MailWASHINGTON, July 18 — Finance officials from the Group of 20 major economies are poised to recommend extending a freeze in official bilateral debt payments by the world’s poorest countries, according to sources briefed on a virtual G20 meeting taking place today. Multiple sources said there was...
Source: malaymail - 🏆 1. / 86 Read more »