Guan Eng proposes 3 economic shields for projected 1mil unemployed M’sians

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PETALING JAYA: The projected one million unemployed Malaysians will require three economic shields costing RM31.4 billion, DAP secretary-general Lim G...

: The projected one million unemployed Malaysians will require three economic shields costing RM31.4 billion, DAP secretary-general Lim Guan Eng said today.

“Saravanan attributed the increase of unemployed Malaysians to one million, to an additional 350,000 fresh graduates and 200,000 Malaysians returning from abroad,” he said in a statement. DAP has proposed three economic shields costing RM31.4 billion. The first is the immediate implementation of the increase in monthly welfare aid from RM200-300 to RM1,000 as proposed by Prime Minister Tan Sri Muhyiddin Yassin costing RM12 billion, Lim said.

Finance Minister Tengku Datuk Seri Zafrul Aziz said that the value of the loan moratorium is RM78.14 billion as at Aug 21, 2020. RM27.35 billion was utilised by 300,000 businesses while RM50.79 billion was utilised by 7.7 million Malaysian individuals.

 

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