Stimulus package can cushion Covid-19 impact

Yeah: “Increased funding for the Health Ministry will likely be needed to ensure that the containment strategy is effectively implemented with adequate resources."

KUALA LUMPUR: The proposed economic stimulus is expected to contain specific relief packages for tourism-related industries such as aviation, hotel and leisure, travel as well as retail industries.

Sunway University Business School economics professor Dr Yeah Kim Leng said the package would also include fiscal incentives to stimulate demand in other affected industries and additional government spending to prop domestic demand and shore up public confidence.