Summary: Economy Recovery Plan will be announce tomorrow



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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