KUALA LUMPUR, Oct 22 (Bernama) –The Ministry of International Trade and Industry hopes the Budget 2016 will help boost economic growth and trade figures.
This is amid the uncertainty in the global market due to the fall in the oil prices and weakening of the ringgit, said its Minister Datuk Seri Mustapa Mohamed.
The budget will be tabled by Prime Minister Datuk Seri Najib Tun Razak in Parliament tomorrow.
Mustapa was also hopeful that more focus would be given to small and medium enterprises (SMEs) - the backbone of the country’s economy - in the budget with new plans and strategies to enhance exports.
Mustapa said this was also due to the competition the country is facing.
He told reporters this during a briefing and memorandum of understanding signing ceremony.
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