MCO: Govt to continue engaging with stakeholders to address economic fallout, says Dr Wee

  • Nation
  • Monday, 30 Mar 2020

PETALING JAYA: In an effort to address the Covid-19 economic fallout, Transport Minister Datuk Seri Dr Wee Ka Siong (pic) says the government will continue engaging with stakeholders to identify their concerns during the movement control order (MCO).

Dr Wee said the government acknowledged that there is a need for broader assistance in the recently announced economic stimulus package for small medium enterprises (SMEs) and larger companies to weather through the Covid-19 economic fallout during the MCO period.

“At the same time, we need to find the best holistic and targeted solutions to channel public resources to those companies that need it the most.

“The government will do it in tandem with the private sector to find the best way forward, ” he said in an Instagram post on Monday (March 30).

Dr Wee said this following a meeting with Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed, Deputy International Trade and Industry Minister Datuk Lim Ban Hong, SME Association of Malaysia National president Datuk Michael Kang, the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) committee, Malaysia Retail Chain Association president Datuk Seri Garry Chua ​​​, and the Malaysian National Shippers Council and Federation of Malaysian Manufacturers.

Dr Wee also said that it was decided in the meeting that export and import, logistics movements and e-commerce, must continue to be the lifeblood of the Malaysian economy and livelihood.

“We are going to continue our engagement with all industries. It is encouraging to note that public and private cooperation is going forward strongly so that we can work together to keep our economy strong during and after the MCO.”

Last week, the Prime Minister Tan Sri Muhyiddin Yassin unveiled the RM250bil Prihatin Rakyat Economic Stimulus Package (Prihatin) to address the Covid-19 economic fallout.

The MCO, enforced last March 18, is expected to end on April 14.

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