Budget for next year not a game-changer, says Pikom

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Pikom sees the increase in tax relief on lifestyle purchases to RM3,000 boosting sales of electronic and IT devices.PETALING JAYA: The National Tech Association of Malaysia (Pikom) today said the 2021 budget seemed to be a continuation of the various Covid-19 recovery programmes currently in place.“The budget seems too focused on the Covid-19 recovery process, which had already started in June.“Therefore, what is being laid out is not a game-changer for Malaysia as it lacks longer-term economic transformation impetus,” Pikom chairman Danny Lee said in a statement.He aid the focus on e-wallets and e-commerce was commendable but the measure was not wide enough to cover all segments of society.Under the budget, tabled by Finance Minister Tengku Zafrul Aziz last Friday, the government will provide a one-off credit of RM50 to the e-wallet accounts of those aged between 18 and 20, a…