Stimulus Package Malaysia 2020 Sme

Prime minister tan sri muhyiddin yassin said from the total rm7 9 billion has been allocated for the wage subsidy programme an increase from rm5 9 billion to rm13 8 billion.

Stimulus package malaysia 2020 sme. Following that in april the prime minister later unveiled an additional rm10 billion stimulus package for malaysian smes. A total of rm4 5 billion that encompasses 5 main initiatives will be used to carry out these efforts. 1 economic stimulus package 3 0 rental reduction for business premise frequently asked questions on special deduction for corporate taxpayers and other taxpayers on.

On 6 april 2020 the government announced an additional economic stimulus package aimed at assisting small and medium enterprises smes and micro businesses to withstand the impact of covid 19 outbreak and movement. Sme corporation malaysia prihatin economic stimulus package prihatin economic stimulus package the prihatin economic stimulus package esp was unveiled by the prime minister on 27 march 2020. The malaysian medical association mma welcomes the stimulus package for small and medium enterprises sme announced by prime minister tan sri muhyiddin yassin on monday.

In the economic stimulus package announced on march 27 2020 prime minister muhyiddin yassin announced that steps will be taken to alleviate the burden of the covid 19 pandemic on smes. Coronavirus disease 2019 covid 19 in early 2020. This page collects the resources regarding the esp.

The government has allocat ed an additional rm10 billion for small and medium enterprises smes under the prihatin rakyat economic stimulus package. In an effort to protect the economy and mitigate the impacts of the pandemic our malaysian government set forth an rm250 billion malaysia s prihatin rakyat economic stimulus package prihatin on the 27th of march 2020. This additional prihatin sme economic stimulus package 2020 esp3 valued at rm10 billion.

The following is the full televised speech text by prime minister tan sri muhyiddin yassin on the additional prihatin sme economic stimulus package.