Guan Eng: Govt ready to step in with stimulus package if the need arises

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KUALA LUMPUR: According to Finance Minister Lim Guan Eng, the government is ready to step in with a stimulus package if the need arises, although it is too early to assess the impact of the 2019 novel coronavirus on the economy.

At this time, it is still early for the government to take action as it needs to study and analyse its impact on the economy,“ he said.

“What is important now is to focus on and support the efforts and measures undertaken by the Ministry of Health to keep Malaysians safe and free of the virus,” he said in a press conference here. According to reports, Malaysia now has has seven confirmed coronavirus cases, all of which involved Chinese nationals.

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