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Too early for stimulus package

Too early for stimulus package

February 12, 2020 16:07 UTC

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Too early for stimulus package


So, amid a business slowdown, Lim Guan Eng, the finance minister, is contemplating a stimulus package. We contend that it is rather early for a stimulus package for the following reasons. It has installed more thermal scanners at all entry points, isolated Covid-19 cases, and placed suspected cases under quarantine. In 2003, the government introduced a stimulus package of RM8.1 billion to prop up the economy that was hit by the SARS pandemic. It might even neutralise any salutary effect on economic growth from the stimulus package.


Source: New Strait Times February 12, 2020 16:07 UTC



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