Global Trade Alert
Global Trade Alert

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

Announcement

06 Apr 2020

Malaysia's Prime Minister has announced a stimulus package to support Small and Medium Enterprises (SMEs) in response to the COVID-19 pandemic.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

06 Apr 2020

Revocation date:

No revocation date

Updated: 06 Apr 2020
Financial grant In force

On 6 April 2020, the Prime Minister of Malaysia announced an additional stimulus package worth RM10 billion (~ USD 2.29 billion) for the SME's. The package, called the Additional PRIHATIN SME Econo...

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Implementation date

01 Apr 2020

Revocation date:

31 Dec 2020

Updated: 06 Apr 2020
Post-migration treatment

On 6 April 2020, the Prime Minister of Malaysia announced an additional stimulus package for the SME's as part of which the levy on foreign workers for companies with work permits that will expire ...

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