Malaysia
Penang hopes for more financial assistance, moratoriums under Budget 2021
Penang Chief Minister Chow Kon Yeow speaks during a press conference at Komtar in George Town October 28, 2020. u00e2u20acu2022 Picture by Sayuti Zainudin

GEORGE TOWN, Oct 28 — Penang Chief Minister Chow Kon Yeow has asked that Budget 2021 focuses on channelling more resources into overcoming the Covid-19 pandemic, restoring public health and reviving the country’s economy.

He said as such, the Budget can help the rakyat overcome these challenging times by introducing more financial assistance.

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"We hope the government will make available financial assistance to various economic sectors that require more assistance and maybe even moratoriums,” he said.

A budget that prioritises the economy will help the country’s revival, he added.

"I hope this is given due consideration so that those suffering from a decline in income and unemployment will find new opportunities as we tide over the situation,” he said during a press conference at his office today.

He expressed optimism that next year will mark a new beginning for the country’s economy and people.

Budget 2021 is scheduled to be tabled in Parliament on November 6.

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