PETALING JAYA,Mar 17: Prime Minister Muhyiddin Yassin has announced a RM20 billion economic programme to jump-start the economy.

In a televised address, he said the initiative, known as “Pemerkasa”, involved a direct fiscal injection of RM11 billion.

Muhyiddin had previously announced six strategies to face Covid-19 and economic recovery, with the fifth strategy being “revitalising” the economy.

Since the pandemic hit the country last March, the government has introduced various economic packages and measures amounting to some RM300 billion.


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