Economic stimulus package to proceed, Dr M to announce date

Former finance minister Lim Guan Eng says the finalised stimulus package has been submitted to Dr Mahathir Mohamad.

PETALING JAYA: Dr Mahathir Mohamad will still be announcing the economic stimulus package, which was put together to offset the negative impact brought about by the Covid-19 outbreak, in his capacity as the interim prime minister.

Former finance minister and DAP secretary-general Lim Guan Eng said Mahathir would determine the date for the announcement.

Lim added that he had submitted the final details of the package to the prime minister on Feb 23, a day before Mahathir announced his resignation.

Mahathir was initially supposed to announce the economic stimulus package on Feb 27.

The stimulus package was mooted to mitigate the economic challenges caused by the disease. It was also proposed to prepare affected industries for a predicted economic rebound after the international public health crisis calms down.