Govt to announce stimulus package on Feb 27

KUALA LUMPUR: Malaysia will announce a stimulus package on Feb 27 to mitigate the economic impacts of the coronavirus outbreak, the finance minister said on Friday.

Assistance will be given to affected sectors, Lim Guan Eng said in a statement. The government said on Tuesday that the stimulus package would be earmarked for the aviation, retailing and tourism industries.

Prime Minister Tun Dr Mahathir Mohamad will announce the stimulus programme on Feb 27, Lim said. – Feb 14, 2020, Reuters

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