The Government will implement a Strategic Program to Empower the People and the Economy or PEMERKASA worth RM20 billion, with a fiscal injection by the Government worth RM11 billion.
PEMERKASA will focus on 20 strategic initiatives to boost economic growth, business support and targeted assistance for the people and sectors that are still affected by the pandemic.
1. COVID-19 Immunization Program
2. No More Comprehensive PKP Implementation
3. Strict and Transparent Legislative Enforcement
4. Implementation of Small Projects Nationwide
5. Special Prihatin (Caring) Grant 3.0
6. Micro Credit Facility
7. Job Retention and Employment Incentives
8. Revitalizing the Tourism and Retail Sector
9. Reducing Company Burden and Empowering Cooperatives
10. Strengthening the Business Environment
11. Automation and Digitization
12. Reducing the Digital Divide
13. Promoting Investment and Export Markets
14. Promoting Sustainable Financing
15. Income Loss Assistance
16. Improving Vulnerable Assistance Programs Bandar
17. Caring for Women
18. Concern for the disabled
19. Caring for Youth
20. Continuation of Subsidies to Ease Subsistence Costs
For full details, kindly refer to translated + original document here: https://www.linkedin.com/feed/update/urn:li:activity:6778519377361932288
#PEMERKASA #incentive #Malaysia #eurochammy
