Economics

Malaysia Announces Stimulus Package to Blunt Coronavirus Hit

  • Measures worth 20 billion ringgit target tourism, other fields
  • Mahathir cuts economic growth forecast, widens deficit target

A Royal Malay Regiment Guard of Honour wears a protective facemask in Kuala Lumpur

Photographer: Mohd Rasfan/AFP via Getty Images

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Malaysia, in the grip of a political leadership battle, announced a package of measures to counter the coronavirus outbreak, which is set to weaken economic growth this year.