Pemerkasa + – A Drop in the Ocean?

Produced by REFSA


On May 31, 2021, the Malaysian government announced a new stimulus package called the Supplementary Strategic Programme to Empower the People and Economy (PEMERKASA+). Totalling about RM40 billion – with RM5 billion in the form of direct government spending – PEMERKASA+ was introduced in conjunction with the imposition of the full movement control order (FMCO) in early June. It supplements the original PEMERKASA package unveiled in March in order to address the effects of the lockdown on businesses and livelihoods.

PEMERKASA Plus stimulus package is like extending a rope that is too short to reach the drowning victim. We explain why in our latest REFSA Notes. 

Our infographics provide a summary, breakdown and review of the proposed initiatives and the overall package.


To download PDF version, please click here

For Bahasa Malaysia version, please click here.

For Mandarin version, please click here.