Restoring fiscal firepower and lifting prospects

Going auto: A man works at an oil palm plantation in Klang, Selangor. It is essential for labour-intensive industries to replace workers with semi-automatic or automatic machineries. — Reuters

MALAYSIA’s economic growth and fiscal positions had been adversely affected due to the unprecedented Covid-19 pandemic and the low commodity prices.

Since the onset of Covid-19 pandemic, the government has unveiled eight stimulus packages worth RM530bil to address the health crisis.