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 / 5y

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

Papagomo acquitted for second time in sedition case over government, Israel claims

Malaysia

ECRL fares start at RM60, with 50% discounts for children, seniors and OKU

Malaysia

DKU seeks court action against Ismail, 16 others over Negeri Sembilan royal dispute

By Alfian Z.M. Tahir

Malaysia

Kampung Manis: Dreams of 227 families to own replacement homes draw closer

Malaysia

Fadhlina takes legal action over video of 2023 Parliament speech

By Alfian Z.M. Tahir

Malaysia

Civil servants urged to turn Selangor Sultan’s anti-graft message into action

Malaysia

Animal welfare group urges probe into alleged sexual abuse of cat in viral video

Malaysia

Macron appeals for calm after France riots: 2,400 arrested, nearly 1,000 officers injured

Malaysia

Malaysia renews offer to help Indonesia fight fires

You may be interested

Malaysia

Malaysia must win trust of both sides to move Southern Thailand peace process forward

Malaysia

Papagomo acquitted for second time in sedition case over government, Israel claims

Malaysia

Woman remanded for four days over discovery of headless baby’s body in Terengganu

Malaysia

Sarawak deputy premier warns of increasing threats of vaping

Malaysia

Twenty-six areas record unhealthy air quality as haze worsens

Malaysia

Thousands surrender medical policies as Malaysia prepares affordable MediAsas cover

Malaysia

Fadhlina takes legal action over video of 2023 Parliament speech

By Alfian Z.M. Tahir

Malaysia

Haze spreads as 29 areas hit unhealthy air levels, raising health concerns