Stimulus package to be unveiled today

KUALA LUMPUR: The much-awaited Economic Stimulus Package 2020 will be announced as scheduled by interim Prime Minister Tun Dr Mahathir Mohamad at 4pm today in Putrajaya.

A media invitation from the Finance Ministry confirmed the event.

Earlier, Dr Mahathir tweeted (pic) that he attended a meeting with the Finance Ministry’s top officials with regard to the tabling of the Economic Stimulus Package.

The package is aimed at stimulating Malaysia’s economy and mitigating any adverse repercussions arising from the Covid-19 outbreak and other external uncertainties.

The economic aid is designed mainly for the aviation, retail and tourism sectors to cushion adverse repercussions from the outbreak. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Nation

Do you know...about Rifle Range Flats?
Floods: Number of evacuees continues to fall in Johor
Proposal for paid MRSM, Haj cost among focus of Parliament on Thursday (March 23)
Cebu Pacific Air flight makes emergency landing at KKIA
Act fast in suicide cases
Jen Zamrose retires after 43 years of service
Eat moderately and avoid oily food, say experts
Heavy traffic expected over long weekend
Schools get set for storms and lightning
Private institutions not required to use Bahasa Malaysia

Others Also Read