Will Parliament vet the RM250 billion Prihatin stimulus package?

Question

Accepted Answer

Parliament Will Discuss the RM250 Billion Prihatin Stimulus Package

Pakatan Harapan has indicated that they will not introduce political challenges, such as a no-confidence vote, during a proposed special parliamentary sitting to review the government's RM250 billion Prihatin stimulus package. The opposition views the package as a necessary discussion point for Parliament, despite its initial announcement by Prime Minister Tan Sri Muhyiddin Yassin on March 27.
Proposal for a Special Parliamentary Sitting

PKR President Datuk Seri Anwar Ibrahim stated that the RM250 billion Prihatin stimulus package, announced by Prime Minister Tan Sri Muhyiddin Yassin, warrants presentation and discussion in Parliament. This proposed sitting would be distinct from the regular parliamentary sessions scheduled for May. Anwar assured that the focus of this special sitting would be on measures and strategies to aid the country, rather than political manoeuvres.
Addressing Economic Contraction Concerns

Lawmakers are expected to deliberate on the findings of a World Bank report which forecasts a contraction of Malaysia's gross domestic product (GDP) by 0.1 per cent. This projection contrasts with earlier predictions of a 4.5 per cent growth, highlighting concerns about the nation's economic trajectory amidst the Covid-19 pandemic. Anwar emphasised the need for the government to acknowledge the potential recession and consider actions to counter it.
Context of the Prihatin Package

The Prihatin Rakyat Economic Stimulus Package, announced on March 27, built upon the earlier RM20 billion stimulus package introduced by Tun Dr Mahathir Mohamad on February 27. Both initiatives aim to safeguard the Malaysian population, provide support to businesses, and bolster the national economy in response to the challenges posed by the Covid-19 pandemic. The opposition, however, has previously voiced concerns that the Prihatin package was insufficient and have pushed for a parliamentary forum to express their views.

Reading history

Hide →

This history is cleared when the page is closed.

Will Parliament vet the RM250 billion Prihatin stimulus package?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends