Type of Intervention: Financial Support
Sectors Involved: Central Bank, Finance, Manufacturing and Industry
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: Interim Prime Minister
Overview: RM250 billion economic stimulus package to cushion the economic impact of COVID-19 . This comprises RM128 billion for the people’s welfare, RM100 billion for businesses and SMEs, and RM2 billion to strengthen the economy, aside from the RM20 billion announced in the previous package.
Full details here: https://www.freemalaysiatoday.com/category/nation/2020/03/27/pm-announces-rm250-billion-economic-rescue-plan/
Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government
Evidence/Justification: To protect the people, support businesses and strengthen the economy in the face of the Covid-19 pandemic.