Page 10 - ECO120 Group Presentation

 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