KUALA LUMPUR: The 2020 Budget is expected to increase confidence in Malaysia’s economy, but needs to be continually monitored to ensure its effectiveness. Mustapa said the 2020 Budget was holistic, encompassing the future, digitalisation and the Industrial Revolution 4.0, among others. He said many had expected the government to reduce spending in the 2020 Budget due to the current challenging conditions. “But, the government has still been able to increase spending, not being dogmatic and continuing to spend. The 2020 Budget has RM241 billion allocated for operational expenses and RM56 billion as development expenditure.

Source: New Strait Times October 12, 2019 08:37 UTC