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Economy

Malaysia unveils record $80bn budget to kick-start COVID recovery

Ismail Sabri government turns on taps to restore jobs under 'endemic' virus

A construction site in Kuala Lumpur on Oct. 15: Malaysia's government hopes its hefty budget will help bring down unemployment.   © AP

KUALA LUMPUR -- Malaysian Prime Minister Ismail Sabri Yaakob's government on Friday proposed the largest budget in the country's history for 2022, worth 332.1 billion ringgit ($80.2 billion), as it aims to propel the economy out of the coronavirus crisis and ease unemployment.

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