Summary: PM will launch short-term economic recovery



According to the Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, the Prime Minister Tan Sri Muhyiddin Yassin will be announcing the Short-Term Economic Recovery Plan for June to December 2020 this month. The plan will still focus on three objectives – empower, propel business and stimulate the economy. The government’s approach however was based on four characteristics –agile and dynamic, prioritising public-private sector, ensuring comprehensive communication and using data-based approach. The plan is the fourth of the six-phase approach or 6R in weathering the health and economic challenges due to covid-19 pandemic – Resolve, Resilience, Restart, Recovery, Revitalise, Reform.

- TheEdge, 2 June 2020

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