The Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin informed that the government will implement the Strategic Program to Empower the People and the Economy or PEMERKASA.
Through its announcement, the program is worth RM20 billion with a new fiscal injection by the government amounting to RM11 Billion.
In the meantime, PEMERKASA will focus on 20 strategic initiatives to boost economic growth, support business, and continue targeted assistance to the people and sectors that are still affected.
Sources: Twitter BERNAMA.