Spend to save economy, Muhyiddin urges Malaysians

Kamles Kumar Kamles Kumar Updated 5 years ago · Published on 18 Jul 2020 1:20PM · 2 Comments

Prime Minister Muhyiddin Yassin at the launch of the buy Malaysian campaign in Suria KLCC today where he reassured shoppers that they’ll be able to obtain quality products. – The Malaysian Insight pic by Nazir Sufari, July 18, 2020.

SPEND money to save the economy, Prime Minister Muhyiddin Yassin urged Malaysians today.

Launching a buy Malaysian campaign, he said this kickstart the economy after the movement-control order to curb the spread of Covid-19.

“Malaysians should spend for Malaysia, as our spending will help our country’s economy to be competitive.

“We will ensure that what you spend on will be value-for-money local goods which are of quality,” he said when launching the campaign at Suria KLCC. 

Increased consumer spending will have a trickle-down effect on employment and earnings, he said.

“With more spending, there will be a greater multiplier effect on the economy, creating more jobs and increase people’s earnings.” 

The campaign will bring together industry players, government agencies and the people to revive the economy following the MCO, he said.

The campaign is broad-based and covers services like tourism, healthcare and logistics. 

“Even though the country’s borders are not opened yet, we are confident the domestic tourism will contribute to the economic recovery phase,” he said.

Putrajaya has allocated RM20 million for the buy Malaysian campaign.

The unemployment rate worsened from 5% in April to 5.3% in May following the MCO imposed in March. – July 18, 2020.

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Comments

  • Moo should m ask all the civil servants to spend like no tomorrow as their incomes are assured and will not face the prospect of taking payout or retrenchment unlike those in the private sector!
    Ask all your buddies in the crooked party and Mercedes religious liars not to buy kafir made cars and goods.

    Posted 5 years ago by Chee yee ng · Reply

  • Cut all GLC appointee's salary to RM1 per annum, ministers, deputies, political appointees forgo emoluments until after GE 16, and so on. Honestly prosecute those who stole from the country and confiscate their assets. This alone will save our country.

    Posted 5 years ago by Alex Lim · Reply