Analysts: Budget 2021 a necessary rescue package, with added bonus of putting Perikatan in good light

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Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz tables Budget 2021 in Parliament November 6, 2020. ― Bernama picKUALA LUMPUR, Nov 7 ― While Budget 2021 is a necessary rescue package that will soften the impact Covid-19 has had on the country’s economy, it will also give Perikatan Nasional (PN) a political boost among voters, analysts have suggested.The Budget, which was tabled by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz yesterday, includes a raft of financial assistance to vulnerable communities and frontliners fighting the Covid-19 pandemic.This spending, while necessary, could also boost the ruling PN administration‘s appeal, said KSI Strategic Institute for Asia-Pacific's economic advisor Prof Hoo Ke Ping.Hoo said the Budget appears to cover the old, the young, civil servants, Sabah and Sarawak, Felda pioneers, microbusinesses, rice farmers, and many mo…