Malaysia announces another stimulus package to cope with COVID-19 hinh anh 1A banner calling on people to stay home in Kuala Lumpur, Malaysia (Photo: Xinhua/VNA) 

Kuala Lumpur (VNA) - The Malaysian government on April 6 unveiled an additional stimulus package worth 10 billion ringgit (2.3 billion USD) to support small- and medium-sized enterprises (SMEs) affected by the COVID-19 outbreak.

In a live televised address, Prime Minister Muhyiddin Yassin noted that SMEs contributed to 40 percent of the economy, adding that it was therefore necessary to sustain the companies through these trying times.  

Earlier, on March 27, the PM announced an economic stimulus package worth 250 billion ringgit, after the launch of the movement control order (MCO), which was initially effective from March 18 to 31, but later is extended until the end of April 14.

Malaysia is taking measures to contain the spread of COVID-19 in the community. By the end of April 5, Malaysia had recorded a total of 3,662 cases, including 61 deaths./.
VNA