Malaysia Reopens Economy To Survive After Losing $800m In Six Weeks

The Prime Minister of Malaysia, Muhyiddin Yassin has announced that the country would reopens for economic activities from Monday, May 4, 2020 in order to survive.

“After holding a meeting (with relevant agencies), we are ready to open up the economy,” he said on Friday.

The country has been on partial lockdown for about six weeks, due to the Coronavirus pandemic.

The Prime Minister, who announced this in a televised address on May Day, said that the country needed to reopen because it could only survive when people go to work and do their businesses.

He however directed that economic sectors that involve large workforce would remain shut.

“Beginning May 4, almost all economic sectors will be allowed to open with
conditions; this is important as business and work are sources of income.

“If we are under Movement Control Order for too long, we will not get any income and this will have a bad impact on your finances,” he stressed.

He added that the country had lost
$800 million since the lockdown order was enforced.

Furthermore, he urged Citizens to mindful of all covid-19 preventive measures.