No one-size-fits-all solution

Market price: A price list of vegetables at a stall at Pasar Borong Selangor in Seri Kembangan. — AZHAR MAHFOF/The Star

PETALING JAYA: There is no silver bullet solution to the cost of living crisis, says an economist, as they point to multi-pronged approaches that will need to be taken by the government.

He said a combination of short-term measures to provide immediate relief and long-term measures to protect people’s standard of living will be necessary.