More cash likely under second stimulus package

AmBank Group chief economist Anthony Dass said that the second stimulus package should cover a wider range of target groups and a broader range of economic activities.

PETALING JAYA: The government’s second economic stimulus package, which will be unveiled today, is expected to introduce more comprehensive measures to respond to the novel coronavirus (Covid-19) induced economic slowdown.

Speaking to StarBiz, economists said the new stimulus package is likely to inject more cash into the economy as compared to the RM20bil stimulus announced by former Prime Minister Tun Dr Mahathir Mohamad on Feb 27.