Muhyiddin unveils aid package for MCO 2.0

Prime Minister Muhyiddin Yassin today unveiled an RM15 billion aid package to help people cope with the second movement control order (MCO 2.0).

This is dwarfed by the RM250 billion aid package with RM25 billion direct fiscal injection announced shortly after the first MCO (MCO 1.0) last year.

However, Muhyiddin expects the impact of the MCO 2.0 to be less damaging to the economy, compared to the first one, as many businesses are allowed to operate.

A review of the measures announced showed many of them are already part of...