Prime Minister Tan Sri Muhyiddin Yassin will be announcing the
short-term Economy Recovery Plan (ERP) which focuses on empowering the people,
propelling business and stimulating the economy. The plan is a continuation to
the RM260 billion Prihatin Rakyat Economic Stimulus Package to ensure recovery
and growth of the country. Under the stimulus package through Bantuan Prihatin
Nasional, loan moratium, wage subsidies as well as food securities of a total
RM45.1 billion had been spent and RM14 billion spent for the people.However,
tourism, SMEs and transportation remained affected.
-The Edge, 4 June 2020
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