Report Launch on the COVID-19 and Malaysian SMEs: A Study on the Effectiveness and Transparency of Government Aid
The Malaysian economy has been adversely impacted by the COVID-19 outbreak. Apart from the obvious consequences from the pandemic, the three Movement Control Orders (MCO) has further slowed down the Malaysian economy as well as the business operations particularly in terms of a reduced revenue inflow. This has especially impacted the ability of many small and medium-sized enterprises (SMEs) in Malaysia to sustain their business. To overcome this predicament faced by the SMEs, the federal government of Malaysia had introduced multiple stimulus packages – PRIHATIN, PENJANA and PERMAI.
Although these initiatives have provided relief for businesses, certain parties have questioned the implementation of these programs, both in terms of deliverables and outreach, as well as from the perspective of good governance.
As such, there was an urgent need to understand the real situation on the ground in order to facilitate a smoother and quicker economic recovery, particularly among SMEs. Hence, Transparency International Malaysia and Merdeka Center for Opinion Research conducted a two-phase study to understand the economic impact of COVID-19 on SMEs in Malaysia, as well as to assess the perception of the respondents on the effectiveness and transparency of the aid programs.
Join us for the report launch! Kindly register yourself here: https://bit.ly/2UFczGW
We would appreciate if you could register in advance order to avoid any technical issues.
Feel free to contact us at ti-malaysia@transparency.org.my in case of any enquiries.