CIMB Group Chief Executive Officer Novan Amirudin in his comments post Budget 2025 announcement said the bank lauds the government's bold move to creatively expand the tax base by introducing carbon and dividend taxes and expanding the scope of SST.

Adding to that Novan also added the reduction of blanket subsidies, enhanced support for MSMEs, and implementation of strategic blueprints like the NETR, NIMP and JSSEZ will give the government more firepower to spend as needed to boost the economy, pursue shared prosperity and further spur foreign direct investments.