Malaysian economy needs RM45b stimulus to stave off recession, says ex-finance minister | Malay Mail

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Malaysian economy needs RM45b stimulus to stave off recession, says ex-finance minister

Thursday, 20 Aug 2020 12:13 PM MYTLim urged the government to consider another round of economic stimulus worth at least RM45 billion. — Picture by Sayuti Zainudin

“There is no reason for the federal government to be so stingy about injecting an additional RM45 billion, when there is sufficient liquidity in the domestic debt market of RM1.6 trillion to sustain such borrowings. He said manufacturing makes up 21 per cent of Malaysia’s gross domestic product and comprised 80 per cent of total exports in 2019.

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