Covid-19 Bill to set up RM45bil relief fund passed by Dewan Rakyat
The Star
2020-08-24
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The Temporary Measures for Government Financing Coronavirus Disease 2019 (Covid-19) Bill to set up a RM45bil Covid-19 fund was passed by the Dewan Rakyat on Monday (Aug 24).
Apart from setting up the fund, the law will also allow government borrowings to increase from the current permissible statutory debt level ratio of 55% of the Gross Domestic Product to 60%.
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Apart from setting up the fund, the law will also allow government borrowings to increase from the current permissible statutory debt level ratio of 55% of the Gross Domestic Product to 60%.
Read more at https://bit.ly/34up4Iu
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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