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Overview of COVID-19 economic stimulus measures in Malaysia

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Contacts & Related Research

COVID-19 and the Movement Control Order in Malaysia

The COVID-19 virus has caused a global pandemic that has had a worldwide economic impact. 

At the beginning of the MCO, the Department of Statistics Malaysia ran a special survey on the effect of the MCO on the economic situation and financial readiness of Malaysians. The summary of the findings is in this deck. 

Bank Negara also released their Annual Report 2019, Economic and Monetary Review 2019 as well as Financial Stability Review 2H 2019. Key points include: 

  • A scenario analysis on how the current environment compares with the 2008 Global Financial Crisis
  • The resilience of the financial system under simulated adverse macroeconomic and financial conditions
  • Current real estate financial stability in the banking system

The Malaysian government also introduced 3 separate Economic Stimulus packages between 27 February 2020 and 6 April 2020 amounting to RM260 billion to combat the economic effects of this COVID-19 pandemic. A summary of Economic Stimulus Package (27 Feb 2020), PRIHATIN (27 March 2020) and Additional PRIHATIN Measures for SMEs (6 April 2020) are included in this deck. 

Please download the deck and contact us for any further information.

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