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Malaysia Unveils $4.9 Billion Package to Jumpstart Economy

A frontline worker undergoes a temperature check at a registration counter at a vaccination center in Serdang, Selangor, Malaysia.

A frontline worker undergoes a temperature check at a registration counter at a vaccination center in Serdang, Selangor, Malaysia.

Photographer: Samsul Said/Bloomberg
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Malaysia announced a 20 billion ringgit ($4.9 billion) package to revitalize economic activity as Covid infections slow and vaccines are rolled out.

The plan will include a 11 billion ringgit fiscal injection, Prime Minister Muhyiddin Yassin said in a televised address Wednesday. There will also be no more blanket lockdowns, he said, adding that any movement control orders will be done at localities and clusters, he said.