Quote: Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer, CIMB Group
KUALA LUMPUR, Nov 9 (Bernama) — As Malaysia navigates the impact of COVID-19, we are pleased to see the government’s firm commitment on an expansionary stimulus for 2021, continuing the fiscal injections made in 2020. The government spending today is necessary given the unprecedented environment.
We welcome that Budget 2021 continues to comprehensively build on Malaysia’s focus on reducing income inequality, healthcare spending, and targeted assistance to businesses. Proactive measures by the government include deepening engagements for job creation, training and reskilling, investing further in broadband connectivity and accelerating development in e-commerce. These long-term investments will reduce the digital divide at both levels of human capital and technological infrastructure.