Connect with us

News

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

Published

Townhall
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

Dd Ft 31 Dd Ft 31
News2 days ago

PDRM Finds No Criminal Elements in Viral Case of Alleged Sexual Assault of Woman in Melaka Mosque Mortuary

A social media post claiming that a woman was sexually assaulted in a mosque mortuary room has gone viral, with...

Dd Ft 30 Dd Ft 30
News2 days ago

Teo Nie Ching Urges Explanation as MCMC Blocks Public Access to M’sian Portal ‘The Coverage Media’ on Facebook

Deputy Communications Minister Teo Nie Ching has called on the Malaysian Communications and Multimedia Commission (MCMC) to explain the restriction...

Dd Ft 29 Dd Ft 29
News3 days ago

Finally! Malaysia Officially Introduces 10-Year Passport Validity at RM350, Half Price for Senior Citizens

Good news for frequent travellers as Malaysia has finally introduced a new passport option with up to 10 years of...

Dd Ft 27 Dd Ft 27
News4 days ago

JPJ Probes Viral Couple Behaving “Affectionately” in Moving Car While Woman Leans Against Dashboard

A recent video has caught the attention of the Road Transport Department (JPJ), which warned that action will be taken...

Collage 6 Collage 6
News4 days ago

Simpang Renggam Crash: AGC Instructs PDRM to Investigate 19yo Mercedes-Benz Driver for Murder

The Attorney-General’s Chambers (AGC) has instructed the police to investigate a fatal road accident in Simpang Renggam, Johor, under provisions...

Dd Ft 26 Dd Ft 26
News4 days ago

Simpang Renggam Crash: PERKESO Extends Immediate Aid to Victims Under New ‘Lindung 24 Jam’ Scheme

A family of four was among five individuals who lost their lives after two siblings, driving a BMW and a...

Collage 4 Collage 4
News4 days ago

PDRM Hunting for Parang-Wielding Men Who Attacked Penang Store Worker & Looted RM500 Worth of Items

The police are searching for three suspects involved in a violent armed robbery at a convenience store along Jalan Sungai...

Collage 2 Collage 2
News5 days ago

Parang-Wielding Robbers Slash Malaysian Store Employee Before Fleeing in Singapore-Registered Car

A convenience store employee was seriously injured after being attacked with a machete during a violent robbery on Sunday (31...

Announcement

Latest Videos



TRENDING TODAY