Build Back Better Explained
As Malaysia ponders upon Budget 2021, we should think about “build back better” as the ultimate objective for the nation. Here's the "What, Why and How" explainer of this term.
Michael Aw
Dangerous to assume economy will bounce back in 2021
The government should use the next few weeks until Nov 25, when a vote is taken, to gather feedback from all and be prepared to make changes for #Budget2021. The government should be prepared to incur a larger deficit to create jobs, deal with health crises across the board, and more social protection to vulnerable groups.
Budget 2021 provides unrealistic financial outlook, say experts
Budget 2021 appears to be based on the wrong assumption that our economy will bounce back strongly in 2021. It is too soon to pursue any financial consolidation agenda and Putrajaya should instead loosen its financial deficit targets.
Budget 2021: A New Economic Paradigm?
A series of graphics that outline the reasoning and measures designed to create good jobs and orient the economy towards a higher added-value and greener future.
2021年财政预算案：国家需更多措施来创造弹性就业
义腾研究中心一直倡议，国家应当作为“最后的保险与保障”，和有能力并愿意进行反周期投资的主要经济参与者，来促进经济活动。我们最主要的目标是创造与维持工作机会。这份预算案确实朝这个方向迈进了一步，但我们认为政府的整体措施还可以更加积极和大胆。
Focus on green energy would have created jobs, says think tank
According to REFSA, Budget 2021 may fail to make a large impact in creating jobs and ensuring future economic growth, two key issues the pandemic has particularly highlighted. The budget could have served as a bigger catalyst for economic activity.
Understanding the Budget and its process
With the announcement of Budget 2021 approaching, here are some tips about what is the Budget, what it entails and its process to get approved in Parliament.
REFSA’s Response to Budget 2021: More is Needed to Create Resilient Jobs
REFSA notes that Budget 2021 was proposed with the aim of ensuring rakyat's prosperity, business continuity and economic resilience. While we laud these admirable aims, the measures announced today may prove to be less impactful than what is needed in terms of job creation and ensuring future growth.
Consider This: Budget 2021 (Part 2) – Overinvest In Health, Say Advocates
Economic Adviser Frederik Paulus spoke to Astro Awani’s “Consider This” programme on the upcoming Budget 2021 and the significance of the budget toward's Malaysia's resilience and recovery amidst the COVID-19 pandemic.
Budget 2021 could usher in a new economic paradigm
For decades, fiscal discipline and balanced budgets were the guiding light for finance ministers across the globe. That the institutions who were staunch defenders of this approach are now calling to abandon it is testament to the extent of the economic disruption we are witnessing. The upcoming budget is the best opportunity to start putting this new paradigm into practice.