Budget 2021 to revitalise economy, restore confidence - Tengku Zafrul

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The 2021 Budget, to be tabled in Parliament on Nov 6, is designed to revitalise the economy as well as to restore investors and consumers’ confidence to drive the economy, says Finance Minister Tengku Zafrul Aziz. “The main focus will be to drive new sources of growth and future-proofing Malaysia because 2021 will be the year where we want to sustain the growth that we hope to achieve in the third quarter and fourth quarter of this year. “The World Bank, International Monetary Fund (IMF), ratings agencies and analysts are all projecting that Malaysia will post a strong growth in 2021. So, the national budget must be there to accommodate and facilitate this growth,” he said in TV3’s programme Money Matters today. On mega-projects, such as the Light Rail Transit Line 3, Mass Rapid Transit 2, East Coast Rail Link and the National Fiberisation and Connectivity Plan, he said the gover…