Business

Govt spending needed to revive economy in light of Covid-19, says Tok Pa

Published on 2 Nov 2020 3:12:59 PM

While the fiscal deficit may be a concern, an increase in government spending is needed to revive the economy in light of the impact of Covid-19, Datuk Seri Mustapa Mohamed told the Dewan Rakyat on Monday (Nov 2).

The Minister in the Prime Minister's Department said a new approach was needed to take into account the current situation of the global economy and also a drastic drop in government revenue.

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