LETTER | We need an urgent policy response once again to curb the Covid-19 surge by reintroducing another stimulus package redesigned for long-lasting consequences for local and global trade and national welfare.

The Johor Indian Business Association (Jiba) believes the whole idea of introducing the emergency was for an urgent policy response to keep the economy afloat and enable people to retain their jobs and incomes.

In view of the continuous surge in Covid-19 cases, it is logical and appropriate for the government to support households and firms alike.

Jiba calls for the government to reintroduce cash-based support for another three to six months and a moratorium to ensure sustainable recovery. We are still in an unknown amount of time it will take for things to return to some level of normalcy. 

Relook broad-based tax relief, wage subsidies, unemployment benefits, the deferment of utility bills and rent payments. Mortgage relief, lump-sum payments to households, loans and loan guarantees to businesses and equal investments by the government in distressed companies should also be considered. 

There is grave concern by all quarters to urge the government to prevent a catastrophic economic collapse that could have dire human, social and health consequences.

It is pertinent for the government to be transparent of support packages, which is critical for public trust.

The government needs to focus more on measures that benefit smaller businesses, strengthening broader health care and social safety net.

The situation in the country is serious with several businesses having ceased. Other businesses are seeing greatly reduced sales and under threat. 

Everyone is impacted by the pandemic crisis in some way. For several businesses, it continues to pose a threat to their survival.

The writer is the president of Johor Indian Business Association (Jiba).

The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.