Govt to table Supplementary Supply Bill for extra Covid-19 stimulus funds


Ragananthini Vethasalam

The government will table a Supplementary Supply Bill for the funds needed under its Covid-19 economic stimulus package as soon as Parliament convenes, says Prime Minister Muhyiddin Yassin today. – The Malaysian Insight file pic, April 6, 2020.

THE government will table a Supplementary Supply Bill for the funds needed under its Covid-19 economic stimulus packages, Prime Minister Muhyiddin Yassin said today. 

“When Parliament convenes, the government will table the Supplementary Supply Bill for all the economic stimulus packages announced,” he said in a special address broadcast on television today.

Muhyiddin today announced an additional RM10 billion to aid small and medium enterprises as well as micro-level business organisations who are suffering from cash flow and little or no revenue under the movement-control order (MCO) to stem the spread of Covid-19.

This is on top of the Perikatan Nasional government’s RM250 billion announced on March 27 that included one-off cash payouts to low-income (B40) and middle-income (M40) households.

The RM10 billion package today sees a further extension of more aid under a wage subsidy scheme for employers and tax incentives to private sector landlords who give discounts on rental.

Muhyiddin said the government will practise transparency in its spending and all measures taken are within the provisions of the law and the federal constitution.

The opposition and activists had earlier called for an emergency sitting of Parliament to approve the spending after Muhyiddin announced the RM250 billion stimulus package. 

Parliament has yet to hold its first meeting for 2020, after the original date on March 9 was deferred following the change in government.

The sitting has been postponed to May 18.

Muhyiddin’s Perikatan Nasional coalition had wrested power from Pakatan Harapan in early March following defections and plotting to form a stronger Malay-Muslim government. – April 6, 2020.


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