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ARTICLE · 08 FEBRUARY 2021

Covid-19: Government Announces PERMAI Assistance Package

SKRINE
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On 18 January 2021, the Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin, announced the Perlindungan Ekonomi & Rakyat Malaysia (PERMAI) Assistance Package (‘PERMAI').

MalaysiaCoronavirus (COVID-19)
Phua Pao Yii
Phua Pao Yii
Sheba Gumis
Sheba Gumis
Tan Wei Liang
Tan Wei Liang
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On 18 January 2021, the Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin, announced the Perlindungan Ekonomi & Rakyat Malaysia (PERMAI) Assistance Package ('PERMAI'). PERMAI, which is valued at RM15 billion, is the fifth economic stimulus package introduced by the Malaysian Government since the outbreak of the Covid-19 pandemic in Malaysia.

Objectives of PERMAI

PERMAI consists of three objectives, namely:

  • First Objective - Combating the Covid-19 outbreak
  • Second Objective - Safeguarding the Rakyat's Welfare
  • Third Objective - Supporting Business Continuity

The First Objective - Combating the Covid-19 outbreak

The first objective consists of four initiatives that directly relate to healthcare matters, namely:

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