Permai measures necessary to combat MCO 2.0 slowdown

Permai measures necessary to combat MCO 2.0 slowdown

The Borneo Post - Business·2021-01-20 06:03

KUCHING: Analysts laud the government for rolling out its fifth fiscal stimulus measures on Monday following the re-imposition of the movement control order (MCO 2.0) in several areas following a resurgence in Covid-19 cases.

Late Monday evening, the government announced additional stimulus measures worth RM15 billion under Perlindungan Ekonomi dan Rakyat Malaysia (Permai). The stimulus package comprises 22 initiatives in order to combat the pandemic, while also safeguarding the welfare of people and businesses.

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