On 18 January 2021, our Prime Minister Tan Sri Muhyiddin Yassin (“PM”) has introduced the Perlindungan Ekonomi Dan Rakyat Malaysia (“PERMAI”) Assistance Package worth RM15 billion

Malaysia implemented lockdown under the Movement Control Order (MCO) starting from 18 March 2020 aimed to slow the spread of COVID-19. The tax and financial approach taken focuses on 6 phases: Resolve, Resilience, Restart, Recover, Revitalise and Reform.