Tok Pa Says Economy Needs At Least 6 Months To Recover After COVID-19 Crisis

Even after the COVID-19 crisis has ended, the government thinks that it’ll take at least six months for Malaysia’s economy to recover from the debilitating effects of the coronavirus.

The Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the estimated period was reasonable with the support of the right strategies.

He mentioned during an interview with Bernama TV that the coronavirus has badly affected sectors including tourism, hospitality, retail and investment.

Tok Pa also commented on small and medium enteprises (SMEs), as he said that the government is willing to discuss with some of these businesses as well as micro-entrepreneurs who felt left out of the economic stimulus package.

He added that although big in numbers, SMEs represent 60% of the local workforce and the government is always open to them.

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Economy Malaysia six-months

Hakim Hassan

Unkempt in both stories and appearance, Hakim loves tech but tech left him on read, previously he used to write about tall buildings and unoccupied spaces that he can't afford, and legend has it that he still can't afford it to this day