Malaysia’s finances under control despite billions spent to reinvigorate economy amid Covid-19 pandemic, senate told | Malay Mail

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Malaysia’s finances under control despite billions spent to reinvigorate economy amid Covid-19 pandemic, senate told

The Jalur Gemilang is seen in Kuala Lumpur August 20, 2020. ― Picture by Hari Anggara

Deputy Finance Minister I Datuk Abd Rahim Bakri said the Prihatin Rakyat Economic Stimulus Package 2020 and National Economic Recovery Plan worth RM295 billion, as well as a fiscal injection of RM45 billion have helped spur the country’s economy after experiencing a contraction. He was responding to a question from Senator Tuan Ismail Yusop on the current financial status of the country following the implementation of the economic stimulus packages and to what extent the gross domestic product was affected in facing post Covid-19 economy.

 

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