, the largest budget ever tabled in Malaysia, was presented in the parliament on Nov 6 as the country was reeling from the economic impact of COVID-19.
It was also the first Malaysian budget in which opposition members were consulted by the government in the run-up to the budget presentation. The Malaysian king has urged politicians from both sides of the political divideThe budget has seen an intense debate at the policy stage over different allocations including a proposed RM85.
This handout photo from Malaysia's Department of Information taken and released on November 6, 2020 shows Malaysia’s Prime Minister Muhyiddin Yassin and Finance Minister Tengku Zafrul Tengku Abdul Aziz posing for pictures with the national 2021 budget after unveiling at the parliament in Kuala Lumpur.
From PH, politicians have demanded for six points to be included in the budget. One of them was extending the loan moratorium, which was implemented from April till September this year, until the end of the first quarter next year. BN politicians, including former prime minister Najib Razak have also called for the moratorium, which is now implemented in a targeted manner, to be extended until the end of June 2021.
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