‘Expansionary’ Budget 2022 to lay foundations for wider reform efforts

Finance Minister Tengku Zafrul Tengku Abdul Aziz says there would be more focus in Budget 2022 on sustainability and improving the resilience of Malaysia’s environment and water assets, following increased focus towards environmental, social and governance, net-zero emissions targets and further development of the circular economy. – The Malaysian Insight file pic, October 14, 2021.

BUDGET 2022 will be expansionary and lay the foundations for the government’s wider and longer-term reform efforts with sustainability continuing to be a major focus, Finance Minister Tengku Zafrul Tengku Abdul Aziz said.

He said the budget would be focusing on three Rs – namely, speeding up recovery, strengthening economic resilience, and catalysing reform.

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