What Is In The Government’s New RM35 Billion Economic Recovery Plan?
The Government unveils the National Economic Recovery Plan or PENJANA on 5th June 2020, meant to help boost the Malaysian economy once again – especially in the face of a possible global recession. PENJANA will focus on 3 key thrusts – Empower People, Propel Businesses and Stimulate the Economy. According to the Prime Minister, “it will benefit up to three million workers who have lost their jobs and income during the COVID-19 pandemic.”
Following are the key highlights of the 40 initiatives provided in this new plan — that you should know of: