Sunday, 19 Jul 2020 11:33 PM MYTKOTA KINABALU, July 19 — The Finance Ministry will study each proposal submitted by the people and stakeholders in drafting the 2021 Budget which is scheduled to be tabled in Parliament in November, and subsequently the tabling of the 12th Malaysia Plan next year.
The health emergency due to the Covid-19 pandemic is the worst incident in world history and the economic impact is the most devastating in 100 years. “Even if seeing signs of recovery happening in Malaysia following various fiscal initiatives and monetary intervention specially through the stimulus package worth RM295 billion, the real worry will come September when the moratorium estimated at RM100 billion and I-Lestari facility expire,” he said in a statement released here, today.
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