April 6, 2020 12:20 PM
This is in addition to the RM250 billion Covid-19 rescue plan, dubbed the Prihatin Rakyat Economic Stimulus Package, announced last month. The earlier rescue plan had also set aside RM3 billion under the Special Relief Fund for SMEs with a reduced interest rate from 3.75% to 3.5%. SMEs account for about 98.5% of businesses with some six million workers, contributing a little over one-third of the gross domestic product .
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