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  • COVID-19: Special Economic Stimulus Package for SMES

COVID-19: Special Economic Stimulus Package for SMES

07 April 2020

Following the announcement of the 2nd Economic Stimulus Package 2020 on 27 March 2020, the Malaysian Government has been alerted that SMEs will be severely affected by the COVID-19 pandemic and therefore require urgent additional assistance.

In response to this, Malaysia’s Prime Minister has announced on 6 April 2020 additional measures worth RM10 billion to ease the financial burden of SMEs and ensure that their employees are protected .

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