Mustapa: RM250b stimulus package among largest in world

TheStar Sun, Mar 29, 2020 07:18pm - 4 years View Original


Prime Minister Tan Sri Muhyiddin Yassin speaking during Comprehensive People-centric Economic Stimulus Package totaling RM250 billion in Perdana Putra on Friday.

KUALA LUMPUR: Malaysia’s Prihatin Rakyat Economic Stimulus Package (PRIHATIN) is among the largest in the world, according to Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed.

"When compared to the nation’s gross domestic product, it is about 17 per cent, whereas the United Kingdom’s is 16 per cent, United States’ is 11 per cent and Singapore’s is 11 per cent, ” he said.

The considerable amount, he said, also showed the government’s seriousness in mitigating the adverse situation caused by COVID-19.

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