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On 31 May 2021, the Prime Minster of Malaysia announced Pemerkasa Plus aid package worth RM40bil (https://www.thestar.com.my/news/nation/2021/05/31/pm-announces-pemerkasa-plus-aid-package-worth-rm40bil). (i) Discuss the purposes and objectives of such
On 31 May 2021, the Prime Minster of Malaysia announced Pemerkasa Plus aid package worth RM40bil (https://www.thestar.com.my/news/nation/2021/05/31/pm-announces-pemerkasa-plus-aid-package-worth-rm40bil). (i) Discuss the purposes and objectives of such aid package from macroeconomics perspective, (ii) Critique the effectiveness of such efforts by the Malaysian government to counter the economic impacts brought about by various movement control orders (MCO) imposed by the government. (iii) Suggest at least two improvements to the aid package to help Malaysian economy to recover soonest possible. Substantiate your suggestions with facts and/or macroeconomic principles
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