KUALA LUMPUR (Bernama) -- While S&P Global Ratings has lowered its outlook on Malaysia, the government believes that its proactive response to the crisis due to COVID-19 is both timely and appropriate, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said initiatives and measures under the RM295 billion stimulus and recovery packages were aimed at protecting lives, supporting businesses, saving and creating jobs, as well as stimulating the economy.
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