Malaysian Finance Minister Tengku Zafrul Abdul Aziz holds a briefcase containing the 2022 Budget as he leaves the Finance Ministry to head to Parliament House in Putrajaya. Photo: EPA
Malaysian Finance Minister Tengku Zafrul Abdul Aziz holds a briefcase containing the 2022 Budget as he leaves the Finance Ministry to head to Parliament House in Putrajaya. Photo: EPA
Malaysia

Malaysia unveils US$80 billion biggest ever budget in feel-good boost to post-Covid recovery

  • Finance Minister Tengku Zafrul unveils first budget under PM Ismail Sabri Yaakob with wide-ranging plan including cash for low-income workers; subsidies for food, fuel and firms hiring women; and aid for small businesses
  • Opposition criticism muted following peace pact, but some analysts warn benefits may be too widely spread to ‘jump-start’ the economy

Malaysian Finance Minister Tengku Zafrul Abdul Aziz holds a briefcase containing the 2022 Budget as he leaves the Finance Ministry to head to Parliament House in Putrajaya. Photo: EPA
Malaysian Finance Minister Tengku Zafrul Abdul Aziz holds a briefcase containing the 2022 Budget as he leaves the Finance Ministry to head to Parliament House in Putrajaya. Photo: EPA
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