Short-Term Economic Recovery Plan aka PENJANA (Pelan Jana Semula Ekonomi Negara)

On 5th June, 2020, the Malaysian government unveiled a short-term economic recovery plan, dubbed PENJANA or Pelan Jana Semula Ekonomi Negara, that aims to, well, stimulate the country’s economy. as well as empower the people and propel businesses. Recovery is the fourth of sixth economic recovery phases: Resolve, Resilience, Restart, Recover, Revitalise and Reform.

I came across these infographics from the Facebook Page of Personal Finances, and wish to share them with you. This plan is worth RM35 billion, but from the many, many benefits, I think what I will get is only the RM50 e-wallet credit, since I have no plans to buy a car or a house. Haihhhhhhhhhh