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Words: 959
Rating: None
Pages: 3.8
submitted by: porfavorsyafiq
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Topics > Business > malaysias economic stimulus package
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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.
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