Muhyiddin unveils RM10bil stimulus package for SMEs (updated)

PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin has unveiled a special stimulus package worth RM10bil aimed at small and medium-sized enterprises (SMEs) in a bid to soften the impact of the movement control order (MCO).

According to Muhyiddin, SMEs and micro-businesses made up two-thirds of the workforce of the country and contributed 40% of the country’s economy.