Only RM5 billion out of the RM40 billion aid package announced last month was in the form of direct fiscal injection. The secretary-general of opposition Democratic Action Party, Mr Lim Guan Eng, urged the government not to announce a "cosmetic" relief package for the lockdown extension. Many businesses and trade groups had called for such measures again to help communities and businesses cushion the impact of the current lockdown.
Malaysia total lockdown 2021 full#
Last year, Mr Muhyiddin's administration introduced a blanket six-month loan moratorium to contain the economic impact of a full lockdown that lasted nearly three months. "With the National Recovery Plan, this is the right time to reintroduce measures such as (loan moratoriums and provident fund withdrawals) to help the people and businesses," Tengku Zafrul said. The possibility of a new aid package was indicated by Finance Minister Tengku Zafrul Tengku Abdul Aziz in a Facebook post earlier on Sunday. The nearly full lockdown implemented last year saw the country losing RM2.4 billion a day, while the current lockdown is costing RM1 billion a day, Mr Muhyiddin revealed previously. Many Malaysians are frustrated with the persistence of workplace clusters contributed by factories, many of which are allowed to operate under the lockdown regulations in order to minimise the impact on Malaysia's economy. The poor are getting poorer," another user, Auji Zaharudin, wrote. What is the fate of Malaysians?" Twitter user Hamidah Hamzah asked, referring to the movement control order as the lockdown is called. "28 days of MCO appears to have gone to waste. News of the extension made the rounds in Malaysia on Sunday, with the hashtag "Kerajaan Zalim" (cruel government) trending on Twitter in the country, with Malaysians venting their frustration with the prolonged effect of the lockdown on livelihoods, and expressing scepticism of its effectiveness. Under the exit plan, Malaysia projects a partial reopening of the economy by the end of August - once daily cases dip below 2,000 a day - while a full reopening, including the lifting of travel bans, is expected to take place in November this year. While there was no specific target numbers set for ICU bed usage, the latest figures showed that the utilisation rate remained above 90 per cent nationwide.
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