Stimulus package hinges on coronavirus duration, Lim says

TheStar Sun, Feb 09, 2020 04:57pm - 5 years View Original


A pedestrian wearing a face mask walks along a street in the Chinatown neighborhood of New York, U.S., on Wednesday, Feb. 5, 2020. Just a couple of weeks ago, scientists held out hope the new coronavirus could be largely contained within China. Now they know its spread can be minimized at best, and governments are planning for the worst. Photographer: Stephanie Keith/Bloomberg

BUTTERWORTH: The Finance Ministry (MOF) will be looking at the estimated duration of the impact from the 2019 novel coronavirus (2019-nCoV) outbreak before determining the amount for the stimulus package to assist the affected sectors.

Minister Lim Guan Eng said the MOF will be obtaining the Health Ministry’s input in terms of the estimated duration of the outbreak and its effects.

"This (the stimulus package) cannot be done in a hurry, we need to look at the impact to ensure that those who are affected will get the help they need, and to do that, we need to get input from various parties.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Comments

Eddie Oon
Like · Reply
th. thee s.ame as the .. the ..?. the. . .
the .... ... ...

Login to comment.