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Malaysia: Fourth Stimulus Package announced in response to the COVID-19 pandemic (June 2020)

Description

On 5 June 2020, the Prime Minister of Malaysia announced an RM35 billion (~USD 8.2 billion*) stimulus package titled “Pelan Jana Semula Economy Negara” or “PENJANA” to support businesses affected by t...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

15 Jun 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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