Budget 2021 provides unrealistic financial outlook, say experts

Hailey Chung Wee Kye Hailey Chung Wee Kye Updated 1 year ago · Published on 7 Nov 2020 2:55PM · 0 Comments

Former deputy minister for international trade and industry Ong Kian Ming wants to know the purpose of the increase in ‘capital injections’ announced by the finance minister in the budget yesterday. – The Malaysian Insight file pic, November 7, 2020.

BUDGET 2021 is based on the wrong assumption that our economy will bounce back strongly next year, economic experts at Research for Social Advancement (Refsa) said.

The DAP-linked economic think tank believes the forecast is too optimistic.

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