PM announces new Economic Action Council to tackle Covid-19, falling oil prices
Wednesday, 11 Mar 2020 12:32 PM MYTPrime Minister Tan Sri Muhyiddin Yassin chairs the first new Cabinet meeting at the Perdana Putra in Putrajaya March 11, 2020. — Bernama pic
PUTRAJAYA, March 11 — The Perikatan Nasional government will form an Economic Action Council to address economic problems caused by the coronavirus disease outbreak and plummeting oil prices. Prime Minister Tan Sri Muhyiddin Yassin said the council will meet weekly to discuss the issues and seek solutions.
“Therefore the Cabinet decided that we will form what is called the Economic Action Council, which I will chair together with the senior ministers in charge of economy, Datuk Seri Mohamed Azmin Ali; the finance minister; and minister in the prime minister’s department, Datuk Seri Mustapa Mohamad. “There will be members we will choose, including the Bank Negara Governor,” he said in his first post-Cabinet meeting press conference today.
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