Finance Ministry says stimulus measures to add 3.7-4pct to 2020 GDP

26-Sep-2020 Intellasia | Reuters | 6:02 AM Print This Post

Malaysia’s finance ministry said today that economic stimulus measures worth RM305 billion are expected to add 3.7 per cent-4 per cent to the nation’s 2020 gross domestic product (GDP).

The finance ministry said in a statement an additional stimulus package worth RM10 billion to help industries and citizens badly hit by the coronavirus pandemic is expected to boost fourth-quarter economic growth.

This package was announced on Wednesday.


Category: Malaysia

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