Budget 2021: Covid-19 Fund ceiling to be raised to RM65b

The government intends to amend the schedule of the Temporary Measures for Government Financing Act (Coronavirus disease 2019) to raise the ceiling of the Covid-19 Fund by RM20 billion to RM65 billion.

Finance Minister Tengku Zafrul Abdul Aziz said the move takes into account the pandemic’s latest wave and needs until 2022...