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Thursday, February 27, 2020

Govt unveils RM20bil stimulus package over Covid-19 impact

PUTRAJAYA: Interim Prime Minister Tun Dr Mahathir Mohamad has unveiled a stimulus package worth RM20bil to help cushion the effects of the Covid-19 outbreak.
The stimulus package has three strategies – to manage the impact of Covid-19, spur a people-centric growth and encourage quality investment.
"Although the effects of Covid-19 is currently under control, the disease has caused a huge impact on the global economy, including Malaysia's.
"Therefore, the government is introducing the economic stimulus package 2020 to ensure the risks related to the outbreak can be tackled effectively," he said on Thursday (Feb 27).
To thank civil servants who are front liners in tackling Covid-19, the government will pay an allowance of RM400 a month to doctors and medical staff.
Dr Mahathir said an allowance payment of RM200 a month will be given to Immigration staff and other civil servants involved.
"This special allowance will take effect from February 2020, until the outbreak is over," he said. - Star

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