With limited fiscal power, Malaysia's latest stimulus package offers 'only slight relief'
Of the RM40 billion stimulus package, only RM5 billion is direct fiscal spending; it may not be adequate to cushion blow for hardest-hit who have already been struggling for a year
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Kuala Lumpur
OBSERVERS say the RM40 billion (S$12.7 billion) stimulus package announced by Malaysia on Monday is barely enough to help the most affected groups tide over the current two-week full lockdown.
This comes as the government seeks to keep its fiscal deficit in check amid the fight against the soaring numbers of new infections in the country.
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