GovernmentNEWSPerak

2022 Perak Budget to Prioritise Economic Recovery Post-COVID-19

The upcoming 2022 Perak Budget will be prioritizing efforts to recover and regenerate the state economy post-COVID-19 pandemic.

According to the Menteri Besar of Perak, Dato’ Saarani Mohamad, however, it is subject to the federal government’s tabling of the national budget which is slated to commence at the end of this month.

“As such, the state budget for Perak will be tabled some time during December later this year. 

“In our meeting last week, the executive councillors and I have agreed to focus the budget on the economic recovery of the state.

“This followed a two-year development deficit caused by the pandemic.

“Also, we’re looking into ways to aid small and medium enterprises (SMEs) who were the most negatively affected by movement control orders.

“Entrepreneurial microcredit schemes, inclusive of small businesses, could ensure that they’re able to apply for interest-free loans that greatly help in resuming their prior business activities.”

He told reporters during a media session at Tower Regency Hotel in Ipoh today (October 16), after launching the Perak Malaysian Armed Forces Veterans Association’s (PVATM) delegates conference.

Saarani also said that the budget will focus on further recovery of the tourism sector.

“We’ve known for a long time that tourism has given lots of benefits to the state’s economic development.

“Thus, with the reopening of more sectors and transition of phase in Perak, there’ll be some financial assistance specially for those involved in the tourism industry,” he added.

“With that said, the budget is subject to changes and amendments as we’re still awaiting directives from the federal government,” Saarani mentioned.

 

Chris Teh

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