Exclusive - Timely and targeted

The package, which was announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday, comprises three main components – the extended Wage Subsidy Programme (WSP), as well as cash handouts to households via Bantuan Prihatin Nasional (BPN) 2.0 and micro enterprises via Geran Khas Prihatin (GKP).

PETALING JAYA: The country’s fifth round of economic stimulus, which has raised the total value allocated so far to RM305bil, is a welcome one that is both timely and targeted, say economists.

Dubbed “Kita Prihatin”, the RM10bil stimulus package comes at a time when the economic recovery is rather uneven across sectors, although most businesses have resumed operations.