by on 13/11/2020 4068
The government recently tabled the 2021 Budget in Parliament. They’ve proposed an expenditure of RM322.5 billion, which makes it the largest budget in Malaysian history.
Formulated based on three integral goals: 1) people’s welfare, 2) business continuity, and 3) economic resilience, the budget outlines fund allocations to help the rakyat through the Covid-19 pandemic, with RM17 billion going into the Covid-19 fund.
The question is—how could all this affect you as a parent?
Here’s a compilation of highlights from Budget 2021 that might interest you.
During these uncertain times, it might be a good idea to discuss financial literacy with your child. Click here to learn more.