Malaysia

Budget both praised and panned in Penang

Nonetheless, CM ready to direct state govt to work with federal agencies on ensuring smooth implementation

Updated 5 years ago · Published on 06 Nov 2020 11:52PM

Budget both praised and panned in Penang
The Penang chief minister says Budget 2021 has a lot of financial assistance to cushion the impact of Covid-19. – Bernama pic, November 6, 2020

by Rachel Yeoh

GEORGE TOWN – Chief Minister Chow Kon Yeow said he is ready to direct the Penang government to work with federal agencies on ensuring the smooth implementation of Budget 2021.

“There is a lot of financial assistance to cushion the impact of Covid-19. I will direct our state government to work with federal agencies to ensure the Budget allocation and financial assistance reach the people and economic sectors in Penang.”

Bayan Baru MP Sim Tze Tzin took to Twitter to say he had expected better initiatives to revive Malaysia’s ailing economy.

“I found no new ideas. Most programmes are just a continuation from (the previous) Pakatan Harapan government.”

With regard to allocation, he said Grab drivers and food operators nationwide, including in Sabah, are taking a hit due to the shortage of tourists.

He termed Budget 2021 “uninspiring”.

Seberang Jaya assemblyman Afif Bahardin, however, praised the Budget, retweeting the Finance Ministry’s Prihatin cash aid for needy families.

“This is Perikatan Nasional’s commitment.”

Meanwhile, the country’s creative industry will get a RM15 million boost to aid its revival.

The funds are allocated to the Cultural Arts Economic Agency (Cendana) for the implementation of various programmes.

It is expected to benefit more than 5,000 people, said Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.

However, there is no mention of how artistes who are not under Cendana stand to benefit.

As many Malaysian artistes are often paid on a project basis, Covid-19 has made the arts and culture industry particularly vulnerable, said Tengku Zafrul.

In an earlier keynote address at the Creative Economy 2021 Forum, held in conjunction with Budget 2021, he said there needs to be synergy between the private and public sectors to buoy the creative industry. – The Vibes, November 6, 2020

Related News

Business / 4y

Govt revenue up 4.6% to RM106.4 bil in H1 2021

Malaysia / 5y

Reckless, experts say of govt’s choice to dip into KWAN for Covid-19 fight

Opinion / 5y

Bypassing Parliament to tap RM16.9 bil trust fund for vaccines ‘disquieting’ – C4 Centre

Business / 5y

Unemployment to fall to between 3.5% and 4.0% this year: research house

Business / 5y

Govt’s financial standing remains strong: Tengku Zafrul

Opinion / 5y

Why you should keep your money in EPF – P. Gunasegaram

Spotlight

Malaysia

PRN Negeri Sembilan: The battlegrounds, big names and three-cornered fights to watch

By Alfian Z.M. Tahir

People

Woman ends up with RM500 over food bill after date with ‘doctor’

Malaysia

Love scam: Twelve China nationals arrested in Ipoh over suspected online call centres

Malaysia

ASLI to field female candidate in Jeram Padang DUN

Community

‘Furry officer’ laid to rest as Kuching traffic police mourn beloved stray cat (video)

By Alfian Z.M. Tahir

Malaysia

Father mauled by crocodile as son watches in horror in Sabah river (UPDATED)

Malaysia

Johor shuts down Forest City Network School premises

Malaysia

Singapore: Chief Justice Sundaresh Menon to retire in Feb 2027, succeeded by Justice Sushil Nair

You may be interested

Malaysia

Dragon dance, drums welcome Tok Mat at nomination centre

Malaysia

Stability and national economic growth should be prioritised – former MP

By Ian McIntyre

Malaysia

Anwar to take Sungai Cot Orang Asli land dispute to Pahang govt

Malaysia

Woman found naked in hotel room with man as JAINS launch khalwat probe

Malaysia

Govt launches National Month celebrations under 'Malaysia Madani: Shared Prosperity' theme

Malaysia

PRNNS: BN collaboration with PN, merely an understanding, no agreements - Zahid

Malaysia

BN-PN pact in Negeri Sembilan polls centred on stability and full 36-seat victory target

Malaysia

Father mauled by crocodile as son watches in horror in Sabah river (UPDATED)