Muhyiddin unveils RM10 billion stimulus package for SMEs

Muhyiddin unveils RM10 billion stimulus package for SMEs

Prime Minister Muhyiddin Yassin has announced an additional stimulus package of RM10 billion for small and medium-sized enterprises (SMEs) to mitigate the financial impact of the COVID-19 crisis.br br Under the package the government's three-month wage subsidy scheme has been expanded to RM13.8 billion, up from RM5.9 billion, or an increase of 134 percent, announced previously.br br Putrajaya will offer zero-interest loans of up to RM10,000 and grants of RM3,000 for properly registered micro-SMEs.


User: KiniTV

Views: 494

Uploaded: 2020-04-06

Duration: 01:48

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