COVID-19: Another total lockdown would be ‘very detrimental’ to Malaysia’s economy, says finance minister

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KUALA LUMPUR: Malaysia cannot afford another total lockdown as it will be “very detrimental” to the country’s economy, said finance minister ...

KUALA LUMPUR: Malaysia cannot afford another total lockdown as it will be “very detrimental” to the country’s economy, said finance minister Tengku Zafrul Tengku Abdul Aziz.

He prefers a more targeted approach, with the authorities tightening the screw on labour-intensive sectors that have contributed to the rise in cases.The more automated sectors such as pharmaceutical, aeronautical and automotive should be allowed to operate as per normal, subject to standard operating procedures, he said.When Malaysia was first placed under the MCO last year, almost all economic activities ceased, except for essential services such as food and beverage outlets and pharmacies.

EUROCHAM immediately clarified in a press statement last Sunday that there was no mention of an immediate lockdown after the stated date during its discussion with the International Trade and Industry Ministry on Jan 22. “The projection was based on several assumptions. It assumed oil price at US$42 a barrel. As you know, it is now higher.”

Medical worker collects a COVID-19 swab sample from a man in Petaling Jaya, Malaysia on Jan 18, 2021.

 

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The harder the lockdown, the faster you recover. A half f*cked effort will simply prolong the problem

Better lockdown now, while you still can! Vaccinated Singaporeans are NOT crossing over, to come to your rescue! 🙄🤣

MelGohCNA Economy against Lives. You are playing with fire. You will get burned then is too late. Rakyat is watching you. Don't keep on stabbing rakyat. Our defence is limited.

MelGohCNA So would lots of people dying

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