Addressing the conference, the PM said the Government has managed to ensure people’s lives and livelihoods, describing its achievements last year as positive when every issue related to education, society, health care, security, and national solidarity received attention.
One of the important plans the Government has carried out include a stimulus package worth 250 billion RM (61.7 billion USD) issued on March 27, 2020, that was designed to protect people, support enterprises, and consolidate the economy.
Later, another 15 billion RM package was unveiled to cope with the COVID-19 outbreak, protect people’s welfare, and keep business activities uninterrupted under the pandemic’s impact.
Most recently, the Malaysian Government has launched the national COVID-19 vaccination plan with a view to giving injections to about 80 percent of the population. This plan will be carried out until February 2022 and divided into three phases, according to the PM.
To curb the coronavirus transmission, the Government has also tightened the movement control order but still allowed new business households to operate under strict standard operating 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 provide additional assistance for the poor and the businesses unable to reopen while paying focus on national digitalisation and reform.
The unemployment rate in Malaysia dropped to 4.8 percent in December 2020, and the country’s economy is expected to resume growth from the second quarter this year.