Stimulus package post-pandemic likely

The consideration for an additional stimulus package post Covid-19, said Socio-Economic Research Centre executive director Lee Heng Guie(pic) would depend on the process of growth stabilisation and recovery as well as how lasting the impact of the pandemic would be.

PETALING JAYA: With some of the economic indicators showing signs of distress coupled with the movement control order (MCO) extension, economists are not discounting another round of stimulus package post-coronavirus (Covid-19) pandemic.

They said the package would be a targeted one which sets a timeframe and one which the government would have to re-prioritise its spending, especially in view of the global oil price crash and anticipated higher economic contraction.