Health, Coronavırus, Malaysıa, Stımulus, Asean Countries, Asia, Coronavirus, Economic Indicators, Health / Medicine, Healthcare (Trbc Level 1), Human Diseases / Conditions, Infectious Diseases, Malaysia, South-East Asia, Reuters Top News, Vaccines

Health, Coronavırus

Malaysia to roll out additional $3.7 billion stimulus measures - PM

Malaysia to roll out additional $3.7 billion stimulus measures - PM

1/18/2021 12:40:00 PM

Malaysia to roll out additional $3.7 billion stimulus measures - PM

Malaysia will introduce 15 billion ringgit ($3.71 billion) worth of additional stimulus measures to support its pandemic-hit economy and fight COVID-19, Prime Minister Muhyiddin Yassin said on Monday.

Last week, Malaysia declared a state of emergency and imposed a nationwide travel ban and lockdowns in the capital and five states to help curb the spread of the outbreak, which has been worsening in recent days in the Southeast Asian country.Muhyiddin said strict curbs under the movement control order (MCO), which took effect on Wednesday, should not have as much of an impact on the economy compared to the last lockdown in March since more economic activities are allowed to continue.

Where IS ruled, pope calls on Christians to forgive, rebuild Eminem Shrugs Off Attempts to Cancel Him by Releasing 'Tone Deaf' Animated Video: Watch NFL names first Black female game official

“As such, the impact of the current MCO to the economy is expected to be manageable,” Muhyiddin told a televised address.Public mobility and businesses ground to a near halt over six weeks between March and April after the government imposed strict coronavirus curbs, causing Malaysia’s economy to contract for the first time in more than a decade in the second quarter.

The government’s new aid measures include an additional 1 billion ringgit to fund procurement of more supplies for frontline healthcare workers, including reagents and screening kits and personal protective equipment.Banks will also extend a moratorium on loans and restructure repayment for individuals and businesses, while the government will expedite disbursement of cash aid to low income families and individuals and broaden the scope of a wage subsidy plan for employers. headtopics.com

The government rolled out 305 billion ringgit of stimulus measures last year, ranging from cash handouts to wage subsidies and loan moratoriums to help the public and businesses weather the pandemic.In November, the government unveiled a record 322.5 billion ringgit ($79.75 billion) budget for 2021 to spur economic activity and support growth.

($1=4.0470 ringgit)Reporting by Joseph Sipalan; Editing by Ed Davies Read more: Reuters Top News »

How the creator of COVID-19 vaccine-finding site TurboVax took a stand against anti-Asian hate

sirotek, ทำไมบ้านเราไม่มีบ้างครับ İf you like reading books, you should definitely read this book. You can get this book, which sells a lot, by following this link👉👉👉 That's it.... I am deporting myself to Malaysia!..... Well..... 😊 I will wait to see what the real president is going to do to HELP the American people.

Everyone prints to oblivion! It'll only end up lining the pockets of government officials, they are the very definition of a kleptocracy. Why was Trump banned? reuters, tu ulang blk apa belanjawan hari tu je. Buy Bitcoin