Malaysia has launched her Economic Recovery Plan aka PENJANA (Pelan Jana Semula Ekonomi Negara). Recovery is #4 of 6 economic recovery phases: Resolve – Resilience – Restart – Recovery – Revitalise – Reform.
Feedback from Malaysians
“PENJANA shows our government’s efforts to alleviate the burden on several industries that are negatively affected by the pandemic. However, the overall impact of this plan on your personal finances might be minimal compared to the ones outlined above.” ~Rafiq Hidayat, Wealth Vantage Advisory Managing Director
“The overall positive steps taken to assist businesses especially SMEs will help businesses that manage to weather through this crisis. Rightly travel-related industry needs all the help it can get as the sector is the hardest hit. For individuals, the home ownership related assistance will make the biggest difference.” ~Stephen Yong, MyPF Founder