Sunday, October 24, 2010

Industry expectations rise ahead of budget

Investors and stakeholders voice specific concerns

By Azhar Razak

The government’s 2011 budget, which kicked off last week with the appropriation bill (first reading) being presented in Parliament, is expected to be the first step of a three-year development plan for the country.
The budget will be vital for foreign and local investors as it might signal the government’s future policy direction being the first proper budget since the end of the war in May 2009.