Global Trade Alert
Global Trade Alert

Malaysia: Second stimulus package announced in response to the COVID-19 pandemic (March 2020)

Announcement

27 Mar 2020

Malaysia's Prime Minister has announced a second stimulus package to support individuals and businesses affected by the COVID-19 outbreak.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 May 2020

Revocation date:

31 Dec 2020

Updated: 27 Mar 2020
Loan guarantee

On 27 March 2020, the Malaysian Prime Minister announced a stimulus package of RM230 billion (~USD 53 billion). In the package, RM128 billion (~USD 29.6 billion) has been allocated for support...

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Implementation date

01 Apr 2020

Revocation date:

30 Sep 2020

Updated: 27 Mar 2020
Tax or social insurance relief

On 27 March 2020, the Malaysian Prime Minister announced a stimulus package of RM230 billion (~USD 53 billion) for supporting businesses and individuals affected by the COVID-19 pandemic. As part o...

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Implementation date

27 Mar 2020

Revocation date:

No revocation date

Updated: 27 Mar 2020
Loan guarantee In force

On 27 March 2020, the Malaysian Prime Minister announced a stimulus package to support businesses and individuals affected by the COVID-19 pandemic. As part of the package, for SME's with business ...

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Updated: 27 Mar 2020
State loan In force

On 27 March 2020, the Malaysian Prime Minister announced a stimulus package of RM230 billion (~USD 53 billion). As part of the package, to support SME's and micro-entrepreneurs, the fund size of th...

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