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Malaysia is rolling out US $9.62 Billion financial aid package 'Pemerkasa Plus' - P4H Network

Malaysia is rolling out US $9.62 Billion financial aid package ‘Pemerkasa Plus’

The government is rolling out a mammoth RM40 billion (US$ 9.62 Bn) financial aid package named Pemerkasa Plus to render support to the healthcare sector to effectively battle the Covid-19 pandemic and ensure that the nation’s healthcare system remains intact.

It was stated that Pemerkasa Plus will see a RM5 billion direct injection from the government. Out of this, the government has agreed to allocate an additional RM1 billion to boost the capacity and strength of the public healthcare system. 

The additional allocation represents a commitment by the government towards ensuring that the healthcare system does not collapse in wake of the pandemic and will continue to operate effectively.

[1 Malaysian Ringgit RM = 0.24 United States Dollars USD]

To know more read the entire article originally published in the New Strait Times here.

Image Credits: Free Malaysia Today

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