Page 10 - ECO120 Group Presentation latest
P. 10
Government build a programme that may assist employers economically stricken by the
pandemic and also the programme has two-pronged objectives, namely ensuring that
employers are able to continue operating and at the identical time, preventing employees
from losing their jobs.
Malaysia has planned countermeasures. The government has announced three stimulus
packages at RM10 billion, RM20 billion, and RM230 billion. Each of these organisations
plays a unique role in mitigating covid-19's economic effects by providing wage subsidies,
discounts on commercial and domestic power consumption, tax exemptions and reliefs for
domestic visitors