Economic stimulus package to be announced soon, Mahathir assures

Interim Prime Minister Dr Mahathir Mohamad meeting finance ministry officials today. (Twitter pic)

PUTRAJAYA: Interim Prime Minister Dr Mahathir Mohamad, who clocked in to work at 8.25am today, has given his assurance that the economic stimulus package will be announced soon.

In a tweet, he said he had just finished meeting top officials from the finance ministry to discuss the stimulus package which was put together to offset the negative impact brought about by the Covid-19 outbreak.

“This initiative will be announced soon,” Mahathir said.

Pictures of him with the officials were also shown in Twitter.

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

(Twitter pic)

The stimulus package was mooted to mitigate the economic challenges caused by the disease. The tourism industry, particularly, has been badly affected.

The stimulus package was also proposed to prepare affected industries for a predicted economic rebound after the outbreak comes under control.

The previous finance minister, Lim Guan Eng, and another 25 ministers, lost their positions after Mahathir resigned as prime minister on Monday.