Senior Minister Datuk Seri Ismail Sabri Yaakob said this has led to the setting up of a Special Cabinet Committee that will formulate strategic measures to ensure the economy remains resilient against the global market uncertainty brought about by the pandemic.
“Hence, the government believes that there is a need to strike a balance between the safety of the people and safeguarding the economy of the nation, individual and companies,” Ismail, who is also Defence Minister, said. Jointly chaired by Ismail and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali, who is also a Senior Minister, the committee would focus on measures to sustain Malaysia’s economic engines particularly the small and medium enterprises during the Movement Control Order and ensure effective mitigation efforts in addressing displacement of labour force among Malaysians.
Cant jeopardise safety for profits