Malaysia’s Budget 2021 Prioritises COVID-19 Recovery: Ministry of Finance

The 2021 Budget 2021 for Malaysia tabled on the 6th of November 2020 by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz includes several measures aimed at relieving the COVID-19 burden on individuals in Malaysia. These include easing cash flow issues, addressing cost of living concerns and providing assistance to those who have had their employment or incomes impacted by COVID-19.

One area of proposed assistance is the increased scope of the Prihatin Rakyat Scheme (BPR) with a budget allocation of MYR 6.5 billion for 2021 which focuses on providing higher rates of assistance and higher income categories to families, depending on their monthly household income and family composition.

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