KUALA LUMPUR: Malaysian Prime Minister Muhyiddin Yassin on Monday announced an additional 40 billion ringgit (US$9.70 billion) stimulus package, ahead of the imposition of stricter lockdown measures this week to curb the spread of COVID-19.
The package include a 5 billion ringgit fiscal injection, Muhyiddin said in a televised address. Malaysia’s tighter curbs come into force on Tuesday.
(US$1 = 4.1220 ringgit)
(Reporting by Mei Mei Chu and Liz Lee; Editing by Martin Petty)
Source: Reuters
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