ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more