Addressingthe conference, the PM said the Government has managed to ensure people’s livesand livelihoods, describing its achievements last year as positive when everyissue related to education, society, health care, security, and national solidarityreceived attention.
One of theimportant plans the Government has carried out include a stimulus package worth250 billion RM (61.7 billion USD) issued on March 27, 2020, that was designedto protect people, support enterprises, and consolidate the economy.
Later, another15 billion RM package was unveiled to cope with the COVID-19 outbreak, protectpeople’s welfare, and keep business activities uninterrupted under thepandemic’s impact.
Mostrecently, the Malaysian Government has launched the national COVID-19vaccination plan with a view to giving injections to about 80 percent of thepopulation. This plan will be carried out until February 2022 and divided intothree phases, according to the PM.
To curb the coronavirustransmission, the Government has also tightened the movement control order butstill allowed new business households to operate under strict standardoperating procedures (SOP) in the areas recording high infections, known as“red zones”, so as to ease the pandemic’s impact on small-scale traders.
It is set to provideadditional assistance for the poor and the businesses unable to reopen whilepaying focus on national digitalisation and reform.
The unemployment rate inMalaysia dropped to 4.8 percent in December 2020, and the country’s economy isexpected to resume growth from the second quarter this year./.