KUALA LUMPUR, July 18 — Malaysia’s Covid-19 stimulus packages contributed 20 per cent to the country’s gross domestic product , comparable to other developed countries and higher than regional developing countries, a comparative analysis of government assistance reported.
“As for the Asian region, Malaysia is on par with Singapore at 20 per cent as well, while other countries such as China, Thailand, Vietnam and Taiwan contributed below 10 per cent to their GDP,” the report found. Under the business stimulus package, Laksana found that the Malaysian government’s efforts in supporting businesses cover several different key areas and the initiatives offered are almost similar to those in other countries. “Tekun Micro financing , Penjana Tourism Fund , Prihatin special SME Grant , DanaJamin and Dana Penjana,” the report said.
“Initiatives which Malaysia has put in place which are currently not available in other countries would be the Sukuk Prihatin.
The problem is it went into the wrong pockets
Hahahahahahahahahahahahahahahahahahaahhaahahahahaha
Bollacks..syiok sendiri..last month promise ehailing drivers rm500 this month..it has been posponed to God knows when..what about lap top for students..look up in the sky n hope for it to fall is it..?worst fininace minister ever had..not a fraction of LGE
He's so pleased with himself jz so into himself
Hisap ape ni
Agreed
This is a flawed report. The Msian govt itself has admitted that direct fiscal injection is about RM83bil, which by all accounts is just about 5.5% of nominal GDP
...wow! Parring is important. That makes him feel good and proud eh?