Table 2

Policies for addressing the impact of the COVID-19 pandemic in Malaysia

NoPolicyDate of announcementFocus/objectiveCost
1PRIHATIN economic Stimulus Package (ESP)27 March 2020To protect the rakyat (people), support business and strengthen the economyRM 250bn
2Short-term economic recovery plan (PENJANA)5 June 2020To support the economy to operate in the new Normal via three thrusts: Empower the people, propel businesses and stimulate the economyRM 35bn
3PERMAI ASSISTANCE PACKAGE (Perlindungan Ekonomi Dan Rakyat Malaysia (PERMAI) assistance Package)18 January 2021To combat the COVID-19 outbreak, safeguard people’s and support business continuityRM 15bn
4National COVID-19 Immunization program (COVID-19 IMMUNIZATION)24 February 2021To achieve herd immunity with at least 80% of the population in Malaysia fully vaccinated against COVID-19Initial (RM3n)
5People and economic Strategic Empowerment program (PEMERKASA)17 March 2021To drive economic recovery, support businesses and provide targeted assistance to the rakyat and sectors affected by the pandemicRM20bn

Source(s): Author’s work

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