MCO 2.0 to cost Malaysia RM600m daily, Zafrul says

Tengku Zafrul said PERMAI is an improvement of the initiatives announced in Budget 2021 as well as ongoing initiatives in the Rakyat Prihatin Economic Stimulus Package (PRIHATIN) and National Economic Recovery Plan (PENJANA).

PUTRAJAYA: The government expects the country to lose RM600 million daily due to the latest Movement Control Order (MCO 2.0), compared to RM2.4 billion daily in March until May, 2020, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

"This MCO is unlike the one in March last year as five essential sectors are still open; small and medium enterprises (SMEs) such as stalls and stores can still be opened, ” he said in a media briefing on the Malaysian Economic and Rakyat's Protection Assistance Package (PERMAI) here, on Tuesday.