FATIN AFIQAH MD. AZMI - CENTRE FOR REAL ESTATE STUDIES, FACULTY OF BUILT ENVIRONMENT & SURVEYING,UNIVERSITI TEKNOLOGI MALAYSIA, JOHOR BAHRU, MALAYSIA
Ainur Zaireen Zainudin - Department of Real Estate, Faculty of Built Environment & Surveying, Universiti Teknologi Malaysia, Johor, Malaysia
Norhidayah Md. Yunus - Department of Real Estate, Faculty of Built Environment & Surveying, Universiti Teknologi Malaysia, Johor, Malaysia
Mohd Nadzri Jaafar - Department of Real Estate, Faculty of Built Environment & Surveying, Universiti Teknologi Malaysia, Johor, Malaysia
Wan Ibrisam Fikry Wan Ismail - Department of Real Estate, Faculty of Built Environment & Surveying, Universiti Teknologi Malaysia, Johor, Malaysia
Muhammad Azim Amdan - Department of Real Estate, Faculty of Built Environment & Surveying, Universiti Teknologi Malaysia, Johor, Malaysia

A greater size of government spending, may be less efficient. This is contradicting with Malaysian practice because the current Malaysian fiscal policy has allocated a huge budget from the lowest income of individuals to the highest international trade with the aims of reducing the economic implications caused by the outbreak of COVID-۱۹. This paper embarks on three objectives. First, to provide an overview of fiscal policy. Second, to investigate the impacts of COVID-۱۹; and third, reveals the actions taken by the Malaysian Government to implement the recovery policy. This paper adopts an integrative literature review and published reports relating to fiscal policy and COVID-۱۹. The findings show the consolidated efforts of Malaysian Government towards the current fiscal policy in stabilizing the economic impact after the Movement Control Order. This paper could be a prudent guideline for other countries to strategize their fiscal policies in steering the macro and socioeconomic development.

COVID-۱۹, Economic impacts, Fiscal policy, Malaysia, Movement Control Order