KUALA LUMPUR: The latest announced RM40 billion PEMERKASA Plus is evidence that the government remains committed and vigilant about people's needs and requirements in facing the health crisis despite a challenging fiscal space that is available.
"I would like to emphasise the government's commitment to protect the lives of the people by enhancing the capacity of the public health system, including the national COVID-19 immunisation programme," said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
The government is also committed to ensure the wellbeing of Malaysians, especially those most affected by this crisis, he said at a press conference here today following the PEMERKASA Plus announcement, which involves the government's direct injection of RM5 billion additional expenditure despite the deficit already expected to be around six per cent and statutory debt nearing the ceiling of 60 per cent of Gross Domestic Product (GDP).
Prime Minister Tan Sri Muhyiddin Yassin when announcing the measures amid a renewed lockdown to curb infection said that it would have a big impact on the country's economy and that the government has limited fiscal space.
*However, the move was necessary to ensure the well-being of the rakyat."
The government, Tengku Zafrul said, would continue to work to ensure that no group was left behind, including informal sector workers, youths and the vulnerable.
"We are committed to supporting businesses, both big and small, and the wider economy."
"I would like to emphasise that this assistance package is a bridger in the government's efforts to move from the Revitalise agenda to the Reform agenda in the government's 6R approach."
Furthermore, this package is a continuation of previous economic aid and stimulus packages.
Therefore, PEMERKASA Plus needs to be seen together with other stimulus packages, especially PERMAI (January 2021) and PEMERKASA (March 2021) which are still being actively implemented with a value of more than RM100 billion.
"I hope the people will continue to abide by the SOP and practise self-control."
However, everyone in Malaysia has a collective responsibility to ensure safety and well-being in the fight against COVID-19, he stressed.
The number of new COVID-19 cases reported today has increased slightly to 7,105 compared to 6,824 cases yesterday, said Health director-general Tan Sri Dr Noor Hisham Abdullah.
Through a post on Twitter, Dr Noor Hisham mentioned the increase of 281 cases, making a cumulative total of 579,462 cases recorded so far.
-- BERNAMA
Bernama
Tue Jun 01 2021
Tengku Zafrul said the government would continue to work to ensure that no group was left behind, including informal sector workers, youths and the vulnerable. Filepic/BERNAMA
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.