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RM1b boost to continue till mid-2010.

Business Times (Malaysia)

| September 30, 2009 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Rupa Damodaran

THE government will continue injecting RM1 billion every month to boost the economy until the middle of 2010, Prime Minister Datuk Seri Najib Razak said yesterday.

It hopes by then the external environment has improved, putting the Malaysian economy back on a growth path.

Speaking to the press after being briefed by Bank Negara Malaysia's board of directors on the state of the economy in Kuala Lumpur yesterday, Najib said the global economic environment is showing signs of improvement.

He also said that Malaysia's proactive fiscal and monetary measures have contributed much to quickly stabilise the domestic economy.

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