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

Last updated on May 6th, 2021 at 06:40 am

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.

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

Chen Yaonan’s Literary Legacy: A Defining Voice in Hong Kong Literature in 2026

In 2026, discussions about modern Hong Kong literature increasingly highlight the enduring influence of Chen Yaonan. Known for his contributions…

March 9, 2026

Why 2026 Could Be the Last Year We Look for Malaysia Airlines Flight 370

Over ten years after it became one of the biggest mysteries in the history of the aviation industry, new debates…

March 9, 2026

Storm Alert: Hail and Strong Winds Expected This Wednesday in Thailand — What to Know

Thailand is gearing towards the fierce summer storms which are supposed to strike some parts of the country on Wednesday…

March 9, 2026

Gigi De Lana Collapses On Stage During Samal Show — Fans Demand Answers

The fans are so worried after witnessing a mind-blowing incident in the live concert when Filipino singer, Gigi De Lana…

March 9, 2026

Nothing Phone 4a Pro Launch: Bold Metal Design, Pro Camera & India Price Revealed

The Nothing Phone 4a Pro has officially launched in India. It combines a futuristic design with top-level features at a…

March 7, 2026

FURIA vs Paper Rex Highlights: PRX Advances to Semis at Masters Santiago 2026

Paper Rex shocked FURIA in an intense 2-1 series at VALORANT Masters Santiago 2026, the first international LAN of the…

March 7, 2026

This website uses cookies.

Read More