Malaysia: Govt to launch short-term economic recovery plan - Zafrul

Malaysia: Govt to launch short-term economic recovery plan - Zafrul

The government will be implementing a short- and medium-term economic recovery plan to rejuvenate the country’s economic growth soon, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

The plan will highlight health guidelines and safe operating procedures in the new norm, capacity building, hiring of workers, job creation as well as boosting consumer spending, especially through digital channels.

Additionally, the government will also support the restructuring, recovery and growth of small and medium-sized enterprises (SMEs) especially via digital technology, enhancing resilience and developing growth opportunities for medium and large-sized companies, boosting investor confidence and generating short-term economic growth, he said.

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