We need Plan B if lockdown goes on, Putrajaya told

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Handouts and stimulus packages alone will not be enough to keep the country going if the pandemic prolongs. (Bernama pic)PETALING JAYA: Economists see a need for the government to consider measures other than the provision of stimulus packages to sustain the economy.Ramon Navaratnam, a former deputy secretary-general of the Treasury, told FMT he wondered how many more stimulus packages could be rolled out if the Covid-19 pandemic were to prolong.He also said cuts in the salaries and allowances of ministers and civil servants, while important, were not significant enough. “More must be done,” he added.Pemerkasa Plus, announced by prime minister Muhyiddin Yassin, is the seventh package since the start of the pandemic in Malaysia.Ramon Navaratnam.Navaratnam warned that prolonging the closure of the economic sector meant having to offer more financial aid, which would then force t…