A store keeper at Jalan Tuanku Abdul Rahman watching the live telecast of Prime Minister Tan Sri Muhyiddin Yassin announcing the Pemerkasa programme, March 17, 2021. ― Picture by Hari AnggaraKOTA KINABALU, March 22 — The Pemerkasa stimulus package, announced by Prime Minister Tan Sri Muhyiddin Yassin, has given the country’s economic sector a glimmer of hope in these trying times.
“We welcome the announcement of the Pemerkasa package, worth RM20 billion, by our beloved Prime Minister Tan Sri Muhyiddin, which focuses on the 20 strategic initiatives to revive the economy and provide support to the businesses,” said Richard. Richard further suggested that the government should ease the criteria to apply for the allocation and for the number of recipients to be increased.SME Sabah president N K Foo thanked the Prime Minister for extending the Wage Subsidy Programme for another three months from March 2021.
“Therefore, continued assistance from the Government in the form of Wage Subsidy is still much needed,” he said. He added that the RM500 million allocation for micro credit proved that the government truly cares for the business community in the country. He said the RM5 billion allocated for immunisation programme, doubling the funding for small-scale projects from RM2.5 billion to RM5 billion this year, RM1.2 billion worth of assistance for members of the B40 group who have lost their income, RM1.
GKP was an initiative of the federal government to support businesses to recommence operations after the announcement of the first movement control order under PRIHATIN package. “I have been actively selling assorted traditional kuih for the part four years, but our business was badly affected during the MCO period.