The economic costs of the COVID-19 outbreak for Malaysia: A preliminary crude estimate and suggestion for solutions
This article is a chapter out of the e-book, "Impacts of the COVID-19 outbreak on Islamic finance in the OIC countries" that is available as a pdf download from HERE. Read the article in the e-book for the complete set of tables, charts and references.
Today, May 3, 2020 is the 46th since the movement control order (MCO) was put into effect by the Malaysian government to contain the spread of the COVID-19. Apart from China that claims it has succeeded in containing the virus outbreak that first started on its shores in December, the rest of the world is still actively fighting it at different levels of severity. Hence, most other governments have imposed “lockdowns”, or restrictions on movements, on their peoples. As of May 3, Malaysia registered a total of 6,298 cases, 1,780 under treatment (out of which 27 are in ICU), 4,413 recovered and total 105 deaths.
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Ahamed Kameel Mydin Meera; Yosita Nur Wirdayanti