malaysias economic stimulus package
Malaysia’s Economic Stimulus Package Malaysia had went through the ups and downs of economic environment. ... Economic down term, deficit budget, market uncertainty and many more. During these ‘black period’, Malaysia had announced several economic stimulus package to boost its economy and maintain the economic growth between 3 to 4 percent each year. When talking about this subject, who can forget the worst economic slowdown that hit Asia in 1997. ... Malaysia had announced its own economic stimulus package. Several radical changes had been made in the economic structure. ... In other development, employee in the government sector had sacrificed around 10 to 15 percents of their monthly salary to help our government maintain the stability of our economy for several months in what had being thought as on of the radical feature of the package. ... Mahathir had revealed a new economic stimulus package. This is to maintain our economic growth which was forecast at around 3. ... Among the highlights of the package is the cut on EPF’s contribution from 11% to 9% for a year beginning this July.