Muhyiddin: Tourism industry hit hardest by Covid-19, faces RM3.37b loss | Malay Mail

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Muhyiddin: Tourism industry hit hard by Covid-19 to lose RM3.37b, while GDP set to fall by up to 1.2 points

Friday, 13 Mar 2020 09:46 PM MYTPrime Minister Tan Sri Muhyiddin Yassin during the announcement of the new Cabinet ministers at Perdana Putra in Putrajaya, March 9, 2020. — Picture by Shafwan Zaidon

As a result, Muhyiddin said Malaysia’s gross domestic product growth for the year is expected to shrink as much as 0.8 to 1.2 points, with a total potential loss of up to RM17.3 billion. “Tour packages are cancelled and this affects those who work with airlines and hotels. The estimated total loss in the tourism sector from January to February 2020 was RM3.37 billion. The government estimates Malaysia’s GDP decreased by 0.8 per cent to 1.2 per cent, a decrease of RM10.8 billion to RM17.3 billion,’’ he said in a special address.

 

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Because Ketapi opened far too many borders despite not having adequate health equipment at each site, then failed to close them early, for fear of losing tourism dollars. Failure to plan is planning for failure.

Small money in comparison to the amount that these Evil Politicians makan duit Rakyat! 🤬Actually, I rather Malaysia lost all the money due to economy than being swallowed by these Penyamun Politicians!

PM and his ministers need to focus on this matter. We hope Anwar and Mahathir can find their peace somewhere else.

Look at Pirate MuhyiddinYassin sucking up to Mahathir chedetofficial by saying his Pirates will implement the stimulus package announced by Mahathir. Is Muhyiddin Yassin already feeling the heat of Mahathir's challenge in the Bersatu elections? Are you ready Muhyiddin Yassin?

MuhyiddinYassin AzminAli so, how much money do we have dat we can spend as aid 4 d people dealing with corona virus. I am very sad its escalating n what can gov do 2 help us survive this if our work is zero n we have difficulties financially. Especially d arts n music.

MuhyiddinYassin, we would appreciate if you could ask banks to ease repayment of loan for those workers who have to be on unpaid leave due to business down as a result of COVID19. Thank you

Get the money from kleptorats to help the players of tourism industry.

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