Govt forms Economic Action Council to address current economic woes

PUTRAJAYA: The new Perikatan Nasional government will form an Economic Action Council (EAC) to address the economic woes currently faced by the country, says Tan Sri Muhyiddin Yassin.

The Prime Minister said Malaysia was currently suffering from a drop in global oil prices, as well as the Covid-19 outbreak, which has severely affected the country's economy.