Mustapa: Govt has done its best, but it's 'impossible to please everyone'


  • Nation
  • Sunday, 29 Mar 2020

Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed. - Bernama

PETALING JAYA: The government has done its best for the people with its recently-announced stimulus package, but acknowledges it will not please everyone, says Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

"We have done the best by getting the views from all parties and we know that we cannot please everyone.

"That is normal. It is impossible for the government to be able to please everyone," he said during Bernama News Channel's Ruang Bicara Khas programme on Sunday (March 29) night.

Mustapa acknowledged that they had heard the voices of the small and medium-enterprise (SME) community, who were concerned as the stimulus package did not address problems they are facing.

Mustapa said the government had done what it could, based on its current financial capability.

Based on social media responses, he said, more than 90% of Malaysians seemed pleased with the government's stimulus package.

He said the SME community, however, were hoping for cash-based aid from the government such as grants.

However, Mustapa pointed out the government had carried out certain initiatives, such as the six-month moratorium on loan repayments that could resolve cash-flow problems.

He noted that SMEs, through banks, had also been allowed to restructure loans.

Mustapa also did not disregard their views and said their concerns would be channelled to the Finance Minister and the Prime Minister to see if the economic stimulus package can be improved and tweaked to help SMEs.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

67% readers found this article insightful

Across the site