Guan Eng: Govt ready to step in with stimulus package if the need arises

Last updated on May 6th, 2021 at 06:40 am

KUALA LUMPUR: According to Finance Minister Lim Guan Eng, the government is ready to step in with a stimulus package if the need arises, although it is too early to assess the impact of the 2019 novel coronavirus on the economy.

At this time, it is still early for the government to take action as it needs to study and analyse its impact on the economy,“ he said.

“What is important now is to focus on and support the efforts and measures undertaken by the Ministry of Health to keep Malaysians safe and free of the virus,” he said in a press conference here. According to reports, Malaysia now has has seven confirmed coronavirus cases, all of which involved Chinese nationals.

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

Shooting concludes: Stranger Things 5 to release on Netflix in 2025

Created by the Duffer Brothers, Stranger Things is one of the most popular sci-fi horror series globally. It is set…

December 21, 2024

Melaka International Halal Festival 2024

The Melaka International Halal Festival 2024 aims to turn the city as the prime center of the Halal products and…

December 21, 2024

Chunichi Dragons Renews the Contract of Hiroto Takahashi with Annual Salary of 120 million yen

On Saturday, the stalwart of Chunichi Dragons Pitcher, Hiroto Takahashi attended the negotiation for his contract renewal for the next…

December 21, 2024

Biden-Harris administration cancels another $4.28 billion in US student loans

US President Joe Biden has cancelled another $4.28 billion in student loans for nearly 55,000 people across the country, the…

December 20, 2024

The Colorful SCTV 2024 Carnival: Programs, Date, Venue & Timing

Music, dance, celebration and mesmerizing stage performances before the fans who are at the peak of their enjoyment, is the…

December 20, 2024

China’s Xi Remarks and New Leader of Casino Hub Macao

Sam Hou Fai is sworn in as Macao's new leader by Chinese President Xi Jinping on December 20th 2024 in…

December 20, 2024

This website uses cookies.

Read More