Economic stimulus aims to help businesses and people weather lockdown

PETALING JAYA: The Pemerkasa Plus economic stimulus package has been unveiled in a bid to support the healthcare sector, businesses and Malaysians as the country heads into a total lockdown starting today.

Packed with a number of initiatives to alleviate the people’s burden and assist both the public and private sectors as the nation battles the onslaught of the Covid-19 pandemic, the RM40bil aid package with a RM5bil direct fiscal injection from the government is a continuation of several similar economic stimulus packages worth a total of RM340bil since the pandemic started last year.