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A glimpse into what Budget 2022 entails courtesy of Affin Hwang Research

Business & Finance

BUDGET 2022, which will be presented on Oct 29, is likely to be expansionary in nature with strategies and measures to further stimulate the economy from the effects of COVID-19 pandemic on the country.

It will also act as catalyst on the implementation of the 12th Malaysia Plan (12MP) for the period 2021-2025 based on the Shared Prosperity Vision 2030 that will drive economic growth, sustainability and inclusiveness in the medium to long term, according to Affin Hwang Research.

“Our expectations are that the Budget proposals will be generous and people-friendly with cash assistance for the people, especially the lower income households, to help ease the burden of those affected by pandemic as well as alleviate the burden of rising cost of living,” projected head of research/chief economist Alan Tan Chew Leong and team in a Budget 2022 preview.


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