MIER expects the MCO, while necessary to counter the Covid-19 pandemic, inevitably leads to economic disruptions which affect the country’s pattern of production, consumption and trade of industrial outputs as well as on income and employment of the population.
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) is calling for an additional RM75bil spending by the government to counter the projected economic disruption arising from the Covid-19 pandemic.
This is on top of the RM20bil stimulus package announced by the government on Feb 27.
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