The government had announced the RM260 billion Prihatin Rakyat economic stimulus plan , followed by the RM35 billion short-term economic recovery plan aimed at stimulating the country’s economy that has been hit by the Covid-19 pandemic, bringing the government’s direct fiscal injection to RM45 billion. — Picture by Hari Anggara
The government had announced the RM260 billion Prihatin Rakyat economic stimulus plan , followed by the RM35 billion short-term economic recovery plan aimed at stimulating the country’s economy that has been hit by the Covid-19 pandemic, bringing the government’s direct fiscal injection to RM45 billion.
In one recent interview, Tengku Zafrul had said that the RM10 billion direct fiscal injection in Penjana was raised from Malaysian Government Securities and Malaysian Government Instrument Issues. He also said that Malaysia can afford the 55 per cent debt to GDP ratio.