Malaysia will suffer a GDP loss of RM300 million a day if CMCO is continued

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Malaysia government has easied the conditional movement control order (CMCO) in almost most states and allowed people to travel freely from state to state starting from tomorrow.

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob (pix) said the government reached this decision because the economy would suffer badly if CMCO continues longer.

“The country is expected to suffer a GDP loss of RM300 million a day if CMCO is continued and this will result in a decline in the labour market and household spending, investment uncertainty, permanent job loss, business closure and other effects either directly or indirectly.

“Therefore, the government needs to consider all aspects in formulating any approach to create a balance between maintaining public health and impact on the economy,“ he told a press conference here, today. 

More to come


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Graduate with a Master of Mass Communication. 10 years working experience in the media and broadcasting.

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