World
Malaysia unveils extra $8bn economic stimulus package
- Muhyiddin Yassin said in a televised address that 10 billion ringgit would be direct fiscal injection from the government.
KUALA LUMPUR: Malaysia's prime minister unveiled an additional economic stimulus package worth 35 billion ringgit ($8.22 billion) on Friday in a bid to revitalise industries badly hit by the coronavirus pandemic.
Muhyiddin Yassin said in a televised address that 10 billion ringgit would be direct fiscal injection from the government.
The measure comes on top of incentives worth 260 billion ringgit announced earlier.
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