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Government to adopt draft budget for 2021 on Wednesday evening

22:02

Government to adopt draft budget for 2021 on Wednesday evening
Source: KPRM (photo by Adam Guz)

The Council of Ministers will adopt the budget bill for 2021 this evening by circulation, the Government Information Center (CIR) said.

"The Council of Ministers discussed the draft budget law for 2021. It will be adopted by the government this evening by circulation," the release reads.

At the end of July, the Council of Ministers adopted the assumptions for the draft state budget for 2021, submitted by the Minister of Finance. According to them, GDP will increase by 4 percent next year, the unemployment rate will amount to 7.5 percent at the end of the year, and inflation will reach 1.8 percent.

(ISBnews) 


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