PUTRAJAYA: The government has agreed to review the economic stimulus package launched by the previous Pakatan Harapan government.
Prime Minister Tan Sri Muhyiddin Yassin said the reviewed stimulus package would ensure target segments are given priority, and restore investor confidence.
“The Cabinet has agreed for the stimulus package to be re-presented and reviewed to see if the previous amount announced can be increased.
“I will leave this to the Finance Minister,” he said in a press conference after chairing his first Cabinet meeting at Perdana Putra here today.
The reviewed stimulus package, he added, would be launched in one to two weeks’ time.
The 2020 Economic Stimulus Package was announced on Feb 27 by former prime minister Tun Dr Mahathir Mohamad to safeguard the economy from impacts associated with the Covid-19 outbreak.