{"id":987524417,"date":"2021-09-24T03:35:25","date_gmt":"2021-09-24T02:35:25","guid":{"rendered":"https:\/\/p4h.world\/news\/malaysias-government-seeks-11-billion-more-in-covid-fund\/"},"modified":"2023-03-02T10:00:37","modified_gmt":"2023-03-02T09:00:37","slug":"malaysias-government-seeks-11-billion-more-in-covid-fund","status":"publish","type":"news","link":"https:\/\/p4h.world\/en\/news\/malaysias-government-seeks-11-billion-more-in-covid-fund\/","title":{"rendered":"Malaysia\u2019s government seeks $11 billion more in Covid fund"},"content":{"rendered":"<p><span><span><span><span><span><span>Malaysia\u2019s government plans to increase funds for Covid-19 support measures and raise the country\u2019s statutory debt ceiling.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The government considers adding&nbsp;45 billion Malaysian ringgit ($10.8 billion) to the&nbsp;Covid-19 fund in order&nbsp;to support businesses and households.<\/span><\/span><\/span> <span><span><span>Since the pandemic began, the Malaysian government has implemented the economic stimulus of approximately 530 billion ringgit ($127.7 billion).<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Besides an increased budget plan, the government will seek approval from parliament to raise&nbsp;the debt ceiling from 60% to 65% of gross domestic product. To read more, <a href=\"https:\/\/www.cnbc.com\/2021\/09\/14\/malaysia-finance-minister-on-covid-support-measures-debt-ceiling.html\">click<\/a><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Source: CNBC<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Photo by&nbsp;<\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/www.pexels.com\/@gabby-k\" rel=\"noopener\" target=\"_blank\">Gabby K<\/a>&nbsp;from&nbsp;<a href=\"https:\/\/www.pexels.com\/photo\/5849561\" rel=\"noopener\" target=\"_blank\">Pexels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s government plans to increase funds for Covid-19 support measures and raise the country\u2019s statutory debt ceiling. The government considers adding&nbsp;45 billion Malaysian ringgit ($10.8 billion) to the&nbsp;Covid-19 fund in order&nbsp;to support businesses and households. Since the pandemic began, the Malaysian government has implemented the economic stimulus of approximately 530 billion ringgit ($127.7 billion). Besides&#8230;<\/p>\n","protected":false},"author":265,"featured_media":987529083,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[],"tags":[117,124,133],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987524417"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/265"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987524417"}],"version-history":[{"count":0,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987524417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media\/987529083"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987524417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987524417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987524417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}