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Budget 2022 expects an increase in tax collection by 5.
Housing and public transportation gets a boost During his presentation of Budget 2021, Tengku Zafrul also said that the government will be continuing to create more housing projects; particularly ones that aim for the low-income groups to ensure that more people can have a home of their own.
Budget 2022 proposes to extend it to 10 years and this should provide relief to businesses who have long gestation period and those who have been suffering from the pandemic.
This will provide access not only to the 5G technologies, but also other emerging technologies such as robotics and autonomous vehicles, as well as partnership opportunities with other technology providers, startups and industry players.
In addition, the Government will also encourage all parties, especially the corporate sector, to contribute towards their welfare.