Special Stimulus Package with RM 10 Billion Unveiled

on 6th April, 4pm the Malaysian Prime Minister, Tan Sri Muhyiddin Yassin has unveiled a special stimulus package worth RM10bil aimed at small and medium sized enterprises (SMEs) in a bid to soften the impact of the Covid-19 movement control order (MCO).

From the total, RM7.9 billion has been allocated for the Wage Subsidy programme, an increase from the previously announced RM5.9 billion to RM13.8 billion, while the additional allocation included a total of RM2.1 billion in grants that would be channelled to micro businesses.
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More information can be found here: https://www.thestar.com.my/news/nation/2020/04/06/muhyiddin-unveils-rm10bil-special-stimulus-package