Mustapa: RM250b stimulus package among largest in world


  • Economy
  • Sunday, 29 Mar 2020

Prime Minister Tan Sri Muhyiddin Yassin speaking during Comprehensive People-centric Economic Stimulus Package totaling RM250 billion in Perdana Putra on Friday.

KUALA LUMPUR: Malaysia’s Prihatin Rakyat Economic Stimulus Package (PRIHATIN) is among the largest in the world, according to Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed.

"When compared to the nation’s gross domestic product, it is about 17 per cent, whereas the United Kingdom’s is 16 per cent, United States’ is 11 per cent and Singapore’s is 11 per cent, ” he said.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Ringgit opens easier as US dollar index strengthens
Gamuda shares boosted by RM1.77bil contract win
Bursa Malaysia opens lower, awaiting fresh catalyst
Trading ideas: Gamuda, BPlant, LB Aluminium, Comintel, IOI Properties, MPI, Hiap Teck, Heitech, MyEG
HeiTech Padu bags RM37mil contract from MoH
Tourist arrivals to pick up significantly next year
MSM calls for speedy decision on sugar prices
UMW in maintenance deal with IOI
Rosy outlook for healthcare sector
Hong Leong Bank targets growth in SME loans

Others Also Read