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Coronavirus

Malaysia details $8.2bn plan for post-pandemic economic reboot

Muhyiddin's latest package aimed at boosting employment and foreign investment

KUALA LUMPUR -- Malaysian Prime Minister Muhyiddin Yassin on Friday announced an $8.2 billion "short-term economic recovery plan" focused on curbing unemployment and spurring investment, after the coronavirus infected nearly 8,300 people and forced the country into a two-month lockdown.

The plan is on top of three previously announced economic stimulus packages worth over $60 billion combined, and comes as Muhyiddin attempts to shore up support against a potential challenge from the predecessor he toppled earlier this year -- Mahathir Mohamad.

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