Summary
The Malaysian Budget 2022: Labour Market Perspectives presents a brief assessment of how the government’s direct and indirect measures in the Budget proposal will shape the Malaysian labour market in 2022. Direct measures refer to initiatives and incentives that will directly affect the labour market, such as short-term employment programmes, and upskilling and reskilling programmes. Indirect measures concern the labour market implications induced by non-labour interventions such as infrastructure development, investment, and financial and tax incentives for businesses.
