RM60bil for stimulus package (Update 2)


KUALA LUMPUR: Deputy Prime Minister Datuk Seri Najib Tun Razak tabled an RM60bil “mini budget” (see below for full text) as part of the second economic stimulus package to help Malaysia weather the global economic crisis.

Najib, also the Finance Minister, pulled no punches as he unveiled the Supplementary Supply Bill 2009 in Parliament, noting that more than half of the major world economies -- in particular the United States, Europe and Japan -- are in recession and experiencing the worst economic contraction since the Great Depression of the 1930s.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Bin Zayed International withdraws from RM40bil Langkasuka project in Langkawi
Bollywood star Shah Rukh Khan expresses excitement to be back in Malaysia
Group frees 670 river terrapins
Two more airports achieve carbon certification
Malaysian teens wow Queen Camilla
Reforms are coming, vows Fahmi
Fahmi: Trips were funded by govt
Lingering concerns over trailers
Union nursing concern over shifts
Wee: Overwhelming burden on already stressed nurses

Others Also Read