Nation

Penjana includes RM10 billion direct fiscal injection from govt

KUALA LUMPUR: The government's Economic Recovery Plan (Penjana) will see the rollout of 40 initiatives worth RM35 billion.

Prime Minister Tan Sri Muhyiddin Yassin said of the total, RM10 billion is a direct fiscal injection from the government.

"I am aware that many among you are worried over the risk of losing your jobs and sources of income after many economic sectors and activities were affected by the Movement Control Order period.

"I understand it will take some time for the nation's economy to recover and that there are still groups among the community who will struggle to recover.

"To address challenges related to the increasing rate of unemployment and ensure that jobs are in place, the government has allocated almost RM9 billion which will benefit three million members of the workforce through the implementation of several initiatives," he said.

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