Digest on Malaysian News

Today, DPM Najib Razak will table the mini-budget seeking additional RM60billion stimulus package to stir the weakening Malaysia economy. Will the RM60billion stimulus benefit the rakyat or some contractors.

WATCH OUT FOR THIS PAGE. More updates coming.
* The whopping sum will be spent over two years as the country faces up to the reality of falling exports and drastically lower revenue.

* The RM60 billion is allocated to the four Thrusts, as follows: RM2 billion for Thrust One; RM10 billion for Thrust Two; RM29 billion for Thrust Three; and RM19 billion for Thrust Four;

* This RM60 billion accounts for almost 9 per cent of the GDP. The implementation of such a large stimulus package is unprecedented in the nation's economic history.







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