Budget Office: Finance Ministry didn’t anticipate Covid-19 third wave when drafting 2021 allocations | Malay Mail

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Budget Office: Finance Ministry didn’t anticipate Covid-19 third wave when drafting 2021 allocations

Friday, 27 Nov 2020 07:22 PM MYTNational Budget Office director Johan Mahmood Merican admitted that the Finance Ministry did not anticipate the third wave of Covid-19 when drafting Budget 2021. — Picture by Yusof Mat Isa

“We are certainly mooting for how we can move out from the CMCO, or if there is a new cluster ― whether the famous Top Glove cluster or the Pavilion construction site ― in fact it should be more of an enhanced MCO or something more effective rather than one that is localised [across the board],” he said during a post-Budget 2021 dialogue organised by the University of Malaya's Malaysian Economic Association.

“[The government] had to think about how to accommodate those who either lost jobs or suffered significant loss of income. There is also the argument of what if they don't resume employment or income in the future?” he said.

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