Finance minister: Budget 2022, 12MP to provide clearer view of govt’s policy direction | Malay Mail

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Finance minister: Budget 2022, 12MP to provide clearer view of govt’s policy direction

KUALA LUMPUR, Sept 15 — The tabling of the 12th Malaysia Plan at the end of this month and Budget 2022 at the end of October will provide a clearer picture of the government's policy direction, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.

“The momentum of recovery is expected to continue next year, with Malaysia's 2022 Gross Domestic Product growth projected to be at six per cent by the International Monetary Fund and five per cent by the World Bank,” he said in the 68th Inter-Agencies Economic Stimulus Implementation and Coordination Unit report released today.

He said this while commenting on Porsche AG’s decision to choose Malaysia as its first production base outside Europe in February this year.

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