KUALA LUMPUR: After the rollback of strict movement restrictions, the consumer sector is set to further benefit from what is expected to be an expansionary budget for next year.
Finance Minister Tengku Datuk Seri Zafrul Aziz has reiterated that Budget 2022 will be expansionary and will focus on speeding up recovery, strengthening economic resilience and catalysing reform.
As such, it is believed that livelihoods would remain protected and gradually show an improvement as the economy revitalises. This will, in turn, support consumer spending moving forward.
...