PM unveils short-term economic recovery package

Published on 5 Jun 2020 4:01:25 PM

In his special address on Friday, Prime Minister Tan Sri Muhyiddin Yassin said Malaysia has entered the recovery phase amid the Covid-19 pandemic.

He said therefore, the government has come up with “PENJANA” or the National Economic Recovery Plan to empower people, propel businesses and stimulate the economy.

It will have 40 initiatives worth RM35bil, of which RM10bil is a direct fiscal injection by the government.