{"id":1842,"date":"2020-06-04T13:08:19","date_gmt":"2020-06-04T05:08:19","guid":{"rendered":"http:\/\/faradalemedia.com\/?p=1842"},"modified":"2020-06-04T13:08:19","modified_gmt":"2020-06-04T05:08:19","slug":"short-term-economic-recovery-plan-june-december-2020-to-be-launched-this-month","status":"publish","type":"post","link":"https:\/\/www.rakansarawak.com\/v4\/2020\/06\/04\/short-term-economic-recovery-plan-june-december-2020-to-be-launched-this-month\/","title":{"rendered":"Short-Term Economic Recovery Plan (June-December 2020) to be launched this month"},"content":{"rendered":"

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The Short-Term Economic Recovery Plan for June to December 2020 focus namely on empowering the people, propelling businesses, and stimulate the economy<\/em><\/p>\n

The Short-Term Economic Recovery Plan for June to December 2020 period would focus on three key objectives.<\/p>\n

They are to empower people, propel businesses, and stimulate the economy.<\/p>\n

According to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, the Short-Term Economic Recovery Plan for the June to December 2020 period will be launched by Prime Minister Tan Sri Muhyiddin Yassin this month.<\/p>\n

He added that he government’s approach was based on four characteristics, namely must be agile and dynamic, prioritising public-private sector cooperation, ensuring comprehensive communication by upholding transparency and openness, as well as using data-based approach.<\/p>\n

On agile and dynamic, he said this meant that the plan could be improved and refined continually, according to current needs and uncertain or unprecedented situation, throughout this year.<\/p>\n

On prioritising public-private sector cooperation, he said the plan would cover various measures with the cooperation of as many industry players from the private sector, government-linked companies and government-linked investment companies.<\/p>\n

On comprehensive communication and wide reach – the people and business sector in Malaysia should play their respective roles to regenerate the country’s economy.<\/p>\n

On data-based approach, Tengku Zafrul said the implementation of the plan would be based on data and statistics so that each achievement could be monitored and refined with speed and accuracy.<\/p>\n

The Short-Term Economic Recovery Plan is the fourth of the six-phase approach or 6R in withstanding the health and economic challenges due to the COVID-19 pandemic.<\/p>\n

The 6R approach are Resolve, Resilience, Restart, Recovery, Revitalise and Reform.<\/p>\n

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