Penang unveils new stimulus package worth RM76mil

GEORGE TOWN (Bernama): Penang Chief Minister Chow Kon Yeow, in a press conference streamed live on his Facebook page, announced the state's "Pakej Bantuan Rakyat Pulau Pinang 2.0" totalling RM76mil to continue strengthening the economy in the wake of the pandemic.

He said this second economic stimulus package was guided by three objectives, namely to provide assistance to Penangites most affected by the pandemic, capacity-building involving the working group, and continuity of businesses to ensure the state's economy continued to grow post-COVID-19,