Malaysia adds $230 mln to coronavirus stimulus package

Malaysia's new government announced on Monday additional measures to help mitigate the affects of the coronavirus on the economy. The new measures will cost the government about 1 billion ringgit ($232.40 million) in additional funds to help cover a limited stipend for workers put on unpaid leave, discounts on electricity bills, extra payouts for public financial aid packages and the rollout of micro-project packages.

Last month, the government rolled out a $4.7 billion stimulus package that included tax breaks and rescheduling of plans for companies affected by the virus outbreak. ($1 = 4.3030 ringgit)