PETALING JAYA: The Economic Action Council (EAC) may decide to go into a crisis mode and announce at least two economic measures weekly after its meeting every Monday in light of the economic fallout caused by the Covid-19 pandemic, says Senior Minister Datuk Seri Azmin Ali (pic). He said Prime Minister Tan Sri Muhyiddin Yassin would decide whether the announcement of the measures had to go through Cabinet, as per standard operating procedure. “The Prime Minister is to decide on this during the first EAC meeting, as the country is in a crisis mode. “In my ministry, which overlooks the ministries of finance, economic affairs and international trade and industry, we were told to recalibrate the economic stimulus packages to properly address the Covid-19 crisis. “The EAC will meet for the first time (today) and from now on we hope to announce at least two economic measures weekly (every Monday) to contain the pandemic, ” Azmin told The Star.

Source: The Star March 15, 2020 22:52 UTC