Consumer demand has been affected by current lockdown measures, say economists.
Another economist, Rajah Rasiah of Universiti Malaya, said the government must not only take all steps to assist small business dwellers but also those who provide the demand. “With unemployment increasing and incomes getting lower, consumers are also running out of money and savings,” he said.However, Williams added the government might need to resort to cash handouts using money creation if things do not improve.
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