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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Finance Ministry says Budget 2021 formulated based on valid data | Malay MailKUALA LUMPUR, Dec 16 — Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said. Deputy Finance Minister II Mohd Shahar Abdullah said the government would not present the expansionary budget if it did...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry: 2021 Budget formulated based on valid data | New Straits TimesNSTnation Deputy Finance Minister II Mohd Shahar Abdullah said the government would not have presented the expansionary budget if it did not have confidence in the country's future economic performance. Finance Budget2021 Economic Performance
Source: NST_Online - 🏆 17. / 53 Read more »

Budget 2021: Dewan Rakyat passes Finance Bill 2020, tax breaks aplentyKUALA LUMPUR: The Dewan Rakyat has passed the Finance Bill 2020 that provides several tax breaks to cushion the impact of Covid-19, as provided for under Budget 2021. FUCK looks like everyone is going to remain with a back door government which no one voted for
Source: staronline - 🏆 4. / 75 Read more »