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On 27 March 2020, the IMF officially declared that the global economy has entered a recession as a result of the spread of the COVID-19 pandemic which has shut down the economic activities across the world.

With Malaysia on the cusp of imposing the most restrictive movement control measures since March 2020, the Prime Minister of Malaysia launched a RM40 billion financial aid package, the Program Strategik Memperkasa Rakyat Dan Ekonomi Tambahan ...