Muhyiddin announces new council to tackle economic woes

It will be chaired by senior minister Mohamed Azmin Ali and will meet every Monday. FMTNews MuhyiddinYassin Economy GST SST

PUTRAJAYA: Prime Minister Muhyiddin Yassin today announced an Economic Action Council to study the economic slowdown amid plunging crude oil prices.

“It will meet every week on Monday. The discussions will be forwarded, and if necessary, brought to the Cabinet meetings held every Wednesday,” he told reporters after chairing his first Cabinet meeting here. He said the finance minister would review the RM20 billion stimulus package announced by former prime minister Dr Mahathir Mohamad, to see if it would be enough to stimulate the market.

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