Page 9 - ECO120 Presentation

METHOD TO OVERCOME INFLATION AND UNEMPLOYMENT

 Malaysia cautiously reopened many sectors such as education and tourism, it created new

jobs for the tens of thousands of people who had been laid off.

 The Minister of Malaysia, implement expansionary policy by increasing the prevailing assist

provided to the tiny and medium-sized enterprises (SMES).

 The government is working on a scheme to help employers who are financially harmed by the

pandemic, with the goal of ensuring that businesses can continue to operate while

simultaneously preventing job losses.

 The Malaysian minister gives voucher consumption to the citizens rather than giving cash.