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THE Center for Market Education (CME) welcomes the change in reference benchmarks for the national recovery plan.
“The new benchmarks based on the number of daily hospital admissions of Covid-19 patients set for states to progress from one phase to another under the national recovery plan, as announced by co-ordinating minister Tengku Zafrul Tengku Abdul Aziz, are a step in the right direction,” said Carmelo Ferlito, CEO of the Center for Market Education.
“This is the recognition that a 0-cases policy cannot be pursued and we need to find a way to live with Covid-19, protecting lives not only from the virus but also from the unintended consequences of lockdowns.”
The CME also welcomes the intention to speed up on the reopening of the economy to avoid the collapse of the country and heavy damages in particular to small and medium enterprises (SMEs).
In this regard, the next economic indicators on GDP, inflation and employment are particularly important; under the current circumstances, in fact, the CME judges the growth estimations presented so far to be too optimistic, while it expects a near-flat GDP growth in 2021.
However, the CME believes that a re-opening strategy can even proceed faster than announced if properly accompanied by a comprehensive support plan. In this regard, the CME observes the following:A re-opening strategy cannot be based only on vaccination targets; such a strategy could backfire. In fact, we now know that vaccinating people can both be infected and infecting others, and may be subject to a more relaxed compliance to SOPs due to a feeling of safety.The main issue is not the speed of reopening (too early or too late, too slow or too fast), but the back-up plan to allow even a wider reopening program but in safety.Weekly tests at workplaces and schools should be the gold standard for a proper monitoring of the pandemic evolution with early detection aiming to minimise mortality (breath analysers should be considered too).By avoiding lockdowns, resources can be saved for targeted investments in strengthening the healthcare system with temporary hospitals, ICUs beds, oxygen machines and so on. These kinds of investments have been the big missing point in the general anti-Covid strategy implemented so far.Research on an adequate pharmacological protocol should be incentivised.
The CME also invites to reflect on the fact that reopening the economy and social life only for vaccinated people is discriminatory.
In fact, there are people that for health or personal reasons cannot take the vaccine and we cannot think to keep them locked in the house forever.
In Europe, even countries like Italy, which implemented a very strict “green” pass policy, are allowing non-vaccinated people to be treated vaccinated if either they have a recent negative test or they have reached immunity by being infected. Malaysia should learn from these examples.