Budget 2022 Focuses on Recovery, Rebuilding National Resilience and Catalysing Reform
Budget 2022 focuses on recovery, rebuilding national resilience and catalysing reform, to drive socio-economic recovery activities and the national development agenda.
Key Highlights
I. Bridging the Economic Gap
The Malaysian economy is expected to resume its recovery path until the end-2021, attributed to policy support and easing lockdown measures. Broader reopening of the domestic economy will support Malaysia’s growth momentum into 2022.
II. Investments
The Budget also recognises the importance of maintaining our competitiveness and investing in future technologies.
III. Supporting Growth & Innovation
The budget addresses nascent stage innovation, deep technology development, and start-up creation. The fund will be channelled into the Technology Park Malaysia’s IR4.0 Innovation Hub and Cradle’s MyStartup Strategy.
