KUALA LUMPUR, Sept 1 ― Budget 2022 is expected to be a combination of a pro-growth and inclusive agenda to ensure a sustainable economic recovery from the Covid-19 crisis, said CGS-CIMB.
Fiscal spending would also be directed to strengthening the public health system, continuing the development of physical infrastructure and enhancing digital and technological infrastructure, implying that development expenditure would likely remain sizeable next year. “We think the first hints of a GST plan may surface in a comprehensive report on Medium-Term Revenue Strategies, which is targeted to be published in 2022,” said CGS-CIMB.
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