Budget recalibration a good start to the year, says Vincent Tan

KUALA LUMPUR: 
The recalibrated 2016 Budget announced by Prime Minister Najib Tun Razak is a good start to the year for the country, Berjaya Group Bhd founder Vincent Tan said.

He said the local and international community had reacted very positively as demonstrated by the immediate strengthening of the ringgit and the strong gain in the stock market today.




“On the whole, the revised budget is very positive, enabling the government to save billions and at the same time addressing the rakyat’s needs,” he said in a statement here, today.

The measures to be taken under the recalibrated budget showed that the prime minister is proactive in dealing with the economic challenges not only faced by Malaysia, but on a global scale, he added.

He said the measures announced also addressed the immediate concerns of our economy and were definitely welcomed to ensure that Malaysia’s economy remained strong and that the welfare of rakyat would be safeguarded. – BERNAMA



Source from FreeMalaysiaTodayNews