MCO extension is an pragmatic approach, says analyst

Juwai IQI chief economist Shan Saeed(pic) said the government’s decision to extend the MCO while accommodating the need to move forward was surely based on the need to ensure that people are protected

KUALA LUMPUR: As the Covid-19 pandemic spreads across the world creating new epicentres, Malaysia is taking a pragmatic approach in extending the movement control order (MCO) for another two weeks while relaxing certain regulations, says an analyst.

Juwai IQI chief economist Shan Saeed said the government’s decision to extend the MCO while accommodating the need to move forward was surely based on the need to ensure that people are protected and came back to work with solid confidence so as to brighten the economic outlook.