Malaysia’s MOF to Table Special Stimulus package for SMEs

Malaysia’s Ministry of Finance (MOF) is expected to launch a special stimulus package for the country’s small and medium enterprises (SMEs), local media reported.

In a statement given by Malaysia’s Finance Minister, Tengku Datuk Seri Zafrul Aziz, it was noted that the specially designed package for SMEs would be taken up for Cabinet discussion during the upcoming week. Zafrul Aziz added that the MOF will propose the stimulus package to the Cabinet and if the Cabinet approves, the Prime Minister will make the announcement next week.

Aziz highlighted that the MOF had taken into consideration the entire spectrum of companies in Malaysia, including the needs of SMEs an...