Connect with us


Youth Empowerment Will Be A Key Element In Budget 2021’s Formulation, Says Finance Minister


Source: World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

In collaboration with the Ministry of Finance, Selangor Youth Community (SAY) organised the “Selangor Youths Have A Say! – Town Hall Series” dialogue on the Budget 2021 in conjunction with “Jelajah Belanjawan 2021” of the ministry.

Held in Sunway Hotel Resort and Spa, youths from different non-profit organisations, companies, government agencies and universities attended to have a say on the Malaysian Budget 2021.

Img 0699

Inspired by Duli Yang Teramat Mulia (DYTM) Crown Prince of Selangor, Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj, the purpose of the town hall was to create a platform for Selangor youths to voice out their thoughts and opinions on current issues affecting their community.

“Empowering youth will be a key element in Budget 2021’s formulation,” said Finance Minister YB Tengku Datuk Sri Zafrul Aziz.

He believes that when youth are empowered, they can harness technological advancements and digitalisation, they can also come up with innovative solutions to address societal challenges as well as achieve UN’s Sustainable Development Goals.

Img 0732

“We want to make sure we are training the right people, and this is also where the private sector comes into place,” he added. Tengku Amir Shah also reinforced on the significance of the private sector taking part in government’s projects.

Finance Minister YB Tengku Datuk Sri Zafrul Aziz also mentioned that human capital is the key driver for the nation to go forward. This is why encouraging entrepreneurship is also one of the focuses of Budget 2021.

An ecosystem for youth to start small business is important. “In Malaysia, if your businesses have failed, you don’t get money as compensation, we need to really look into that,” he said.

“Rescaling and upscaling have to be done for the micro SMEs.”.

Img 0660

Due to the Covid-19 pandemic, the unemployment rate in Malaysia has surged. There will be training programs for the disabled and vulnerable make it easier for them to find a job, as well as programs ensuring soft skills, negotiation, presentations and other academic and vocational education are given to the youth.

“We also want to be transparent by showing the weekly reports to the public,” said YB Tengku Datuk Sri Zafrul Aziz, Finance Minister of Malaysia.

The public is also reminded to not be too comfortable and always follow SOPs so there will not be a second or third wave of the Covid-19 coronavirus.


Also Read: “Rakyat Lives On Tight Budget While MPs Eat Lobster”, Parliament Feasts On RM10,000 Banquets

Page 10

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

Ft Gerakan Ft Gerakan
News15 hours ago

Gerakan Invites Former UMNO Politicians Hishammuddin & KJ to Join Them Following UMNO Sacking

Former Health Minister Khairy Jamaluddin was among several prominent UMNO leaders that were sacked by the party for alleged disciplinary...

Collage 16 3 Collage 16 3
News18 hours ago

76y/o M’sian in Kepong Asks His Friend to Return His RM250, Gets Beaten to Death With Plastic Chair

If your responsibility to return the money that you’ve borrowed from others, but an unfortunate man in Kepong, KL met...

Ft Biden Ft Biden
News22 hours ago

US President Biden Congratulates Anwar Over Malaysia’s Inspiring Democracy in GE15

Following his appointment as the 10th Prime Minister, Datuk Seri Anwar Ibrahim was soon after flooded with congratulatory messages from...

Collage Son N Dad 1 Collage Son N Dad 1
News2 days ago

13yo Chess Protégé from Klang Defeats Chess Grandmaster at Johor International Chess Open

Remember Genkeswaran Muniyan, who was featured in an award winning inspiration film about his life story on how he was...

Ft Changi Ft Changi
News2 days ago

Traveller Jokes That He’s Carrying Explosives & Nuclear Weapons at Changi Airport, Gets Fined RM6k

When you’re at the airport, there’s a feeling of heightened awareness due to the various security protocols that exist as...

Collage Scam Collage Scam
News3 days ago

Teacher in Pahang Loses More Than RM200k to Scammers Impersonating Delivery Men & Police Officers

Every now and then, we hear of yet another story of people, regardless of age and profession, losing their hard-earned...

Ft Motor Ft Motor
News3 days ago

M’sian Panics After Seeing Roadblock, Causes Fiancée to Fall Off Bike, Leaves Her Behind & Flees

Fear can often cause you to do some stupid things. Recently, a man was reported to have left his fiancée...

My Post 1 74 My Post 1 74
News4 days ago

Foreign Student Caught Peeking Into The Toilet Of A Female Student’s Condo In Cyberjaya

A 23-year-old Palestinian man was arrested by police officers after he was caught on camera peeking into a female student’s...


Latest Videos