There’s a need for the policy responses to the economic front to correspond more closely to the public health front in terms of urgency and stringency.
Moving on from regulatory incentive to focusing now on fiscal incentive (financial & tax) – for both “essential” and “non-essential” sectors and sub-sectors.
The banks that placed itself as a risk-free sector (Islamic included) should finally accept some reduced profits (not losses) and share the burden of the pandemic with the rakyat.