Global Trade Alert
Global Trade Alert

Malaysia: Stimulus package announced in response to the COVID-19 pandemic (February 2020)

Announcement

27 Feb 2020

The Prime Minister of Malaysia has announced an economic stimulus package "Bolstering Confidence, Stimulating Growth, & Protecting Jobs" in response to the economic risks of the COVID-19 pandemic.

Source

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Number of interventions

8

6 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Apr 2020

Revocation date:

31 Mar 2023

Updated: 27 Feb 2020
Internal taxation of imports
On 27 February 2020, the Prime Minister of Malaysia as part of the economic stimulus package to support individuals and businesses affected by the COVID-19 pandemic, has announced an exemption from th...
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Updated: 27 Feb 2020
Import tariff
On 27 February 2020, the Prime Minister of Malaysia as part of the economic stimulus package to support individuals and businesses affected by the COVID-19 pandemic, has announced an exemption from th...
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Implementation date

01 Apr 2020

Revocation date:

30 Sep 2020

Updated: 27 Feb 2020
Tax or social insurance relief
On 27 February 2020, the Prime Minister of Malaysia announced an economic stimulus package to support individuals and businesses affected the COVID-19 pandemic. As part of the package, an exemption fr...
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Updated: 27 Feb 2020
Financial grant
On 27 February 2020, the Prime Minister of Malaysia announced an economic stimulus package to support individuals and businesses affected the COVID-19 pandemic. As part of the package, a 15% discount ...
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Implementation date

01 Mar 2020

Revocation date:

01 Aug 2020

Updated: 27 Feb 2020
Tax or social insurance relief
On 27 February 2020, the Prime Minister of Malaysia announced an economic stimulus package to support individuals and businesses affected the COVID-19 pandemic. As part of the package, an exemption fr...
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Implementation date

27 Feb 2020

Revocation date:

No revocation date

Updated: 27 Feb 2020
Financial investment support In force
On 27 February 2020, the Prime Minister of Malaysia as part of the economic stimulus package to support individuals and businesses affected the COVID-19 pandemic, announced a Co-Investment fund of siz...
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Updated: 27 Feb 2020
State loan In force
On 27 February 2020, the Prime Minister of Malaysia announced an economic stimulus package to support individuals and businesses affected the COVID-19 pandemic. As part of the package, an Agrofood fac...
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Updated: 27 Feb 2020
Lending support In force
On 27 February 2020, the Prime Minister of Malaysia announced an economic stimulus package to support individuals and businesses affected by the COVID-19 pandemic. The package is valued at RM20 billio...
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