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Malaysia Unveils a Massive Stimulus Package

Malaysia has unveiled an economic stimulus package worth over 12 billion Euros to boost its ailing economy.

Malaysia's Prime Minister Abdullah Ahmad Badawi, right, with Najib Razak, deputy Prime Minister

Malaysia's Prime Minister Abdullah Ahmad Badawi, right, with Najib Razak, deputy Prime Minister

It is the biggest ever stimulus package unveiled by the government.

Deputy Prime Minister Najib Razak, who is also the finance minister, told the parliament that the package will be implemented over this year and next.

The move has been seen as a key test for Najib, who will take over as prime minister later this month.

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  • Date 10.03.2009
  • Author 10/03/09
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  • Date 10.03.2009
  • Author 10/03/09
  • Print Print this page
  • Permalink http://p.dw.com/p/Ls9y