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PETALING JAYA: With a record spending of RM 322.5 billion, Budget 2021 is a landmark spending plan that aims to jumpstart the economy and help Malaysians weather the Covid-19 pandemic.
The budget has more than 20 specific measures that will directly benefit Malaysians at many levels of society, all of whom have been hit hard by reduced or lost income due to the pandemic.
To get a better idea of how we can benefit, the following infographic explains how three Malaysians, Alex, Aisyah, and Prisya, will benefit from Budget 2021. Click the right and left arrows on the chart to navigate.
As for the initiatives announced in the 2021 Budget, see the image below, organized by category of attendance.
To get a better idea of where the government will spend public funds in terms of ministries, see the chart below detailing how much each ministry will receive.
In terms of revenue, a large part of the allocation in the 2021 budget is expected to come from direct taxes, which account for almost 56% of government revenue.
Other government revenues will come from indirect taxes (26%) such as OSH and special taxes and non-tax revenues (18%) such as investment income and licenses and permits.
A look at frequently used keywords in the text of the budget speech shows the most important topics and themes that were highlighted in the budget.
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