RM20 billion Economic Stimulus Package – PM Mahathir Mohamad announces

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Interim Prime Minister Tun Dr Mahathir Mohamad today announced RM20 billion Economic Stimulus Package to ensure risks to the economy due to COVID-19 can be addressed effectively.

He said three strategies were outlined under the package, namely addressing the impact of the disease, catalysing people-based growth, and encouraging quality investment.

Several plans have also been lined up for implementation to ensure Malaysia’s economy will continue to be on the right track to sustainable growth.

The Economic Stimulus Package was announced as scheduled despite the political crisis brought on by attempts to realign the country’s political landscape which saw the Pakatan Harapan government losing its majority in Parliament.

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