Government unveils economic stimulus package
The much-awaited economic stimulus package, which was unveiled by Datuk Seri Dr Mahathir Mohamad yesterday, has four main strategies and 90 measures and aims to generate economic activities by mobilising domestic sources of growth, boosting consumption and encouraging investments.
Boost for tourism sectorIncentives given under the stimulus package will help travel agencies and tour operators to survive the negative impact of the Severe Acute Respiratory Syndrome (SARS) and war in Iraq during the next six months, said Malaysian Association of Tour & Travel Agents (Matta) president Tunku Iskandar Tunku Abdullah.
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