Explain benefits of MoU, Guan Eng urges PH leaders

Explain benefits of MoU, Guan Eng urges PH leaders

The DAP leader says the national Covid-19 reset plan and the RM45 billion direct fiscal injection should be highlighted to the people.

DAP secretary-general Lim Guan Eng said the proposals on economic recovery will support the people and businesses, particularly SMEs.
PETALING JAYA:
Pakatan Harapan leaders need to explain to Malaysians the benefits of the memorandum of understanding (MoU) with the government, says DAP secretary-general Lim Guan Eng.

Lim said the coalition also needed to highlight the proposals adopted by the government, such as a national Covid-19 reset plan and the RM45 billion direct fiscal injection.

In addition, he said, the finance ministry had also adopted a proposal to raise the Covid-19 fund from RM65 billion to RM110 billion, and increase the statutory national debt limit from 60% to 65% of the gross domestic product.

These proposals, according to the Bagan MP, will aid in supporting the people and businesses, particularly small- and medium-sized enterprises with the reopening of the economy.

He added that PH was willing to lend its support in formulating necessary legislation to speed up the giving of aid to the people.

He said the economic losses incurred by the people and the rise of the hardcore poverty rate from 5.6% in 2019 to 8.4% in 2020 motivated PH to put on hold its plan to wrest back Putrajaya and return the people’s mandate that was stolen.

On Sept 13, PH and the government signed the MoU, which acted as a temporary political ceasefire between both sides and signalled bipartisan cooperation.

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