Covid-19 recovery council to focus on those hardest hit as Malaysia enters endemic phase

cession in 2020.

"In terms of total output, we have yet to recover back to 2019 numbers," he said in an interview last Wednesday . The objective of the programme will be to ensure quality investments, higher productivity and trade so as to avoid a second slowdown in"a double-dipped growth or W-shaped recovery". On Tuesday, International Trade and Industry Senior Minister Azmin Ali said the Cabinet would decide this week on whether to raise minimum monthly wages to RM1,500 from RM1,200 as previously announced, and whether to exempt SMEs, which typically have lower revenues, so as not to stifle Malaysia's economic recovery.

In the interview, Tan Sri Muhyiddin confirmed that NRP 2.0 could see a continuation of wage subsidies that began when he was prime minister for 17 months from March 2020.

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