About The Economic Stimulus

The Government of Malaysia recognizes the need to pre-empt and mitigate the impact of the global economic crisis. The fiscal expansion policy has been introduced by the government through the injection of RM 7 billion, in order to sustain and encourage domestic economic activities as well as stimulating private sector activities and ensuring the well being of the rakyat. The Government recognizes the need to pre-empt and mitigate the impact of the global economic crisis. The fiscal expansion policy has been introduced by the government through the injection of RM 7 billion, in order to sustain and encourage domestic economic activities as well as stimulating private sector activities and ensuring the well being of the rakyat.

Projects and programs implemented are within the five thrust of the Nation’s Mission Statement and the three specific strategy of Budget 2009 which are:

• Ensuring the Citizen’s Well Being;
• Developing a Quality Human Capital; and
• Strengthening National Resilience

Other than the RM7 billion Stimulus Package, the following approaches will also be pursued:

• Increasing the effectiveness of government expenditure
• Providing a conducive environment for businesses and investment
• Increasing the citizen’s disposable income and to strengthen nation’s sustainable development.

To read  more on the Economic Stimulus Package, please visit http://rangsanganekonomi.treasury.gov.my 

 Print Friendly