No heckling or political swipes - Budget 2021 speech ends on civil note

PARLIAMENT | Finance Minister Tengku Zafrul Abdul Aziz is tabling the Perikatan Nasional government's first budget in the Dewan Rakyat since coming to power in March.

Budget 2021 is RM322.54 billion, up 10.61 percent from the previous year and is the largest budget on record.

This is an expansionary budget where the government cuts back marginally on operational expenditure while ramping up development expenditure.

Given that revenue for this year and the next is projected to be below the 2019 level, Malaysia will have to make up for the shortfall with massive borrowings.