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Govt will protect SMEs from economic impact of China Covid-19 surge — Minister

31 Dec 2022, 1:27 PM
Govt will protect SMEs from economic impact of China Covid-19 surge — Minister

KUALA LUMPUR, Dec 31 — The government has given a guarantee that it will protect and assist small and medium-sized enterprises (SMEs) and the people if there is an economic impact from the rise in Covid-19 cases in China, Minister of Economy Rafizi Ramli said.

He said with China being the second largest economy in the world, the hike in Covid-19 cases there must be monitored as what happens in that country will have an effect on a trading partner like Malaysia.

“This matter has been monitored at the ministerial (economy) level in the past two years (onset of Covid-19) and the experience (gained) throughout that two years (will be used) for improvements, efforts and actions to reduce (economic impact) in Malaysia,” Rafizi said.

The Pandan MP told reporters this after attending the Pandan parliamentary constituency ‘Kenduri Rakyat’ and the Back to School contribution programme here today.

China will reportedly reopen its borders on January 8, 2023, after nearly three years of closure due to the Covid-19 pandemic, but there are concerns about this as there has been a significant spike in Covid-19 cases in the country recently.

— Bernama

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