WITH the possibility that the movement-control order (MCO) will be further extended, Putrajaya is studying ways to gradually revive an economy paralysed by Covid-19, said Muhyiddin Yassin tonight.

The prime minister said this includes drafting a short- to long-term economic recovery plan.

“In this regard, I have directed the Finance Ministry, Economic Planning Unit and Prime Minister’s Department to draft the plan.

“The focus now is to identify the steps and initiatives that will drive short-, medium- and long-term economic growth, and to urge confidence in people and investors to help revitalise the economy.”

Speaking in a special live telecast tonight, he said among the initiatives being planned are those to build people’s skills, promote domestic spending and improve industry resilience, including that of small and medium enterprises, as well as plans for positive investment for the future.

“I know the question on the minds of Malaysians at this point is, when can they go back to work, or start their own business or operations?

“Although the MCO may be extended, companies in certain sectors will be allowed to operate, subject to compliance, workers’ safety, social distancing, and cleanliness of the workplace.

“Even now, several sectors have been opened. After this, the government will consider opening more sectors and sub-sectors, subject to strict conditions.”

This is to ensure companies remain competitive and employees can continue to work in a safe environment, he said.

Earlier, Muhyiddin announced that the MCO, which started on March 18, has been extended by another two weeks to May 12.

Malaysia today recorded 71 new Covid-19 cases and two deaths, continuing the week-long trend of double-digit infections and fewer fatalities. – April 23, 2020.