Covid-19: Finance minister says new normal may be permanent | Malay Mail

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Covid-19: Finance minister says new normal may be permanent

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said 10 million workers have now gone back to work, injecting much-needed revenue into the economy. — Picture by Yusof Mat Isa

In order to stem infections and not overwhelm the healthcare system, the government ordered businesses to be shuttered and the public to shelter at home starting March 18. The move has helped to flatten the curve but cost Malaysia an estimated RM2.4 billion a day in lost wages. He also cautioned against having unrealistic expectations, as it would take time to restart the economy.

Part of revitalising the economy includes people having money to spend, which is where the economic stimulus package — with its RM13 billion wage subsidy programme — comes in.

 

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should've persisted tzafrul_aziz to answer if the new norm is permanent then why insist a lock down rather than igniting a distorted supply chain with low fuel price, zero tolls, low interest rates, lifting mobility control order, MY_Airports & MAS start operations?

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