All countries in the world badly affected by the Covid-19 pandemics not only on health but...

 

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All countries in the world badly affected by the Covid-19 pandemics not only on health but also in economy. Malaysia recorded a negative GDP growth (-6 %) in 2020 whereby the last negative growth recorded were in 2009 (-1.51%) and 1998 (-7.36 %). Given the severity of pandemic that already hit us since early of 2020, Malaysia government since then has introduced various stimulus package such as Economic Stimulus Package, PRIHATIN package, Additional PRIHATIN Package, National Economic Recovery Plan, Kita PRIHATIN Package, PEMERKASA on March 2021 and many others types of assistance package to boost Malaysia economy as a whole. Based on these programs, DISCUSS, and ELABORATE how the tax measures announced would contribute towards Malaysia economic revivals. (25 marks) All countries in the world badly affected by the Covid-19 pandemics not only on health but also in economy. Malaysia recorded a negative GDP growth (-6 %) in 2020 whereby the last negative growth recorded were in 2009 (-1.51%) and 1998 (-7.36 %). Given the severity of pandemic that already hit us since early of 2020, Malaysia government since then has introduced various stimulus package such as Economic Stimulus Package, PRIHATIN package, Additional PRIHATIN Package, National Economic Recovery Plan, Kita PRIHATIN Package, PEMERKASA on March 2021 and many others types of assistance package to boost Malaysia economy as a whole. Based on these programs, DISCUSS, and ELABORATE how the tax measures announced would contribute towards Malaysia economic revivals. (25 marks)

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The Malaysian economy contracted by 171 percent yearonyear in 2Q2020 the steepest amount since the aftermath of the Asian Financial Crisis in 1998 The COVID19 crisis has also deeply affected the Malay... View the full answer