MCO 2.0 jitters

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PETALING JAYA: A second movement control order (MCO) will cause major damage to the nation’s economy, economists warned as the country continued to re...

: A second movement control order will cause major damage to the nation’s economy, economists warned as the country continued to record high numbers of positive Covid-19 cases for three straight days.

“The government will need to come up with another stimulus package. The nation’s fiscal position is not very strong. “There are several options available to the government, such as locking down areas that have high numbers of Covid-19 cases. He said the economy is in a fragile state after having gone through the first MCO successfully, which dragged on for three months.

The virus must be stopped from spreading to the extent that hospitals would not be able to cope with the number of cases, he said.Malaysian Employers Federation executive director Datuk Shamsuddin Bardan said employers cannot afford another MCO as they are just starting to recover from the first one.

 

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Spike in corona disease infection because of failure to follow guidelines and by all those involved in Sabah state election especially during political parties campaign by politicians.

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