Finance Ministry section chief: Govt focused on Covid-19 and its effects in drafting Budget 2021 | Malay Mail

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Finance Ministry section chief: Govt focused on Covid-19 and its effects in drafting Budget 2021

Friday, 20 Nov 2020 04:32 PM MYT

KUALA LUMPUR, Nov 20 — The government had focused on efforts and measures to curb the Covid-19 infections as well as the pandemic’s effects in drafting Budget 2021, which was tabled on November 6. “The government also emphasised on financial strengthening, especially for the B40 and M40 groups, through various financial assistance and tax cuts,” he said in Bernama TV’sHosted by Sherkawi Jirim, the talk show programme had discussed on the topic “Budget 2021: Benefiting the People and Business in the Context of Revenue”.

“The government has enhanced the Employees Provident Fund Account 1 advance system to alleviate the financial burden of those who had been retrenched as well as those in need,” he said.

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