The Temporary Measures for Government Financing Coronavirus Disease 2019 (Covid-19) Bill to set up a RM45bil Covid-19 fund was passed by the Dewan Rakyat on Monday (Aug 24).<br /><br />Apart from setting up the fund, the law will also allow government borrowings to increase from the current permissible statutory debt level ratio of 55% of the Gross Domestic Product to 60%.<br /><br />Read more at https://bit.ly/34up4Iu<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
