Malaysia

Government Stimulus

1. ECONOMIC STIMULUS PACKAGE

• The government has allocated RM100 billion to support businesses including small and medium enterprises (SMEs) and RM2 billion to strengthen the country's economy.

2. FINANCIAL SUPPORT

• Special Relief Facility worth RM2 billion, providing working capital for small and medium enterprises at an interest rate of 3.75%.

3. PRIVATE SECTOR INVESTMENTS

• Increase in the allocation of the Special Relief Facility (SRF), from RM2 billion to RM5 billion; increase in the allocation of the All Economic Sectors (AES) Facility, from RM5.8 billion to RM6.8 billion.
• The maximum financing rate is also reduced from 8% p.a. to 7% p.a.

Sources:

1. https://www.bnm.gov.my