Household cht
PETALING JAYA: Despite the ravaging effects of the Covid-19 outbreak on the economy, households were partially cushioned by the relief measures, according to Bank Negara in its Financial Stability Review for the first half of 2020.
The drastic reduction in the benchmark interest rate as well as the five rounds of economic stimulus, totalling RM305bil, also helped to weather the pandemic’s impact on household income and employment.
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