An intersection in Kuala Lumpur, as Malaysia eases its coronavirus restrictions to allow economic activity to resume. Economists say stimulus packages should be administered carefully and only spent in necessary areas. Photo: Xinhua
Opinion
Opinion
Massive stimulus packages not enough to rescue coronavirus-hit economies
- Size does not necessarily matter when it comes to stimulus packages, amid concerns over dysfunctional execution, haphazard allocation and weak accountability
- In Southeast Asia, where governments have shown a willingness to spend, there is good reason to question some of the measures being rolled out
An intersection in Kuala Lumpur, as Malaysia eases its coronavirus restrictions to allow economic activity to resume. Economists say stimulus packages should be administered carefully and only spent in necessary areas. Photo: Xinhua
