Budget 2018 a responsible budget inclusive in nature while committed to fiscal consolidation - Charon

The Prime Minister Datuk Seri Najib Tun Razak yesterday tabled the Budget 2018 at Parliament in Kuala Lumpur.

Khazanah Research Institute (KRI) Managing Director, Datuk Charon Mokhzani in a statement yesterday said KRI welcomed Budget 2018’s breadth and depth of coverage.

He also said that the emphasis on improving living standards of all Malaysians from all walks of life is very much welcomed.

"Renewed attention on initiatives such as investments into new transportation infrastructure, improving our external trading sector and boosting the agriculture sector are crucial in securing Malaysia’s economic future," said Charon.

He also added the initiatives would encourage and develop new SMEs to drive Malaysia’s high-tech industry to be commendable.

"The focus on issues such as social welfare, women’s employment and improving people’s access to housing that is affordable are timely, as these would create a more equitable society.

Budget 2018 is a responsible budget that is inclusive in nature while remaining committed to fiscal consolidation.The initiatives announced represent a positive move in addressing some of the pressing issues of the nation," he concluded.