Economists say both businesses and ordinary citizens will suffer greatly. FMTNews MCO Covid19
Economist Barjoyai Bardai says the country is already struggling to address the issues that arose from the first lockdown imposed in March.
Barjoyai, who works at Universiti Tun Abdul Razak, noted that 80% of households were dependent on monthly salaries.He told FMT he didn’t think Putrajaya would announce another MCO since the country was already struggling to address the issues that arose from the first implementation in March. He said the new infections were inevitable with the reopening of most sectors, adding that the main issue was not the number of infections but whether the healthcare system could manage the situation.
He said the unemployment rate, which almost doubled during the MCO, would rise further with another lockdown.
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