COMMENT | Parti Sosialis Malaysia (PSM) appreciates the fact that the Perikatan Nasional government recognises the need for government intervention in addressing the economic downturn that we are now undergoing.

This indicates that the government realises that the neoliberal dictum that markets are self-correcting is inapplicable in the current situation.

But any government intervention has to be well-conceptualised and appropriate to the needs of our society.

Unfortunately, there are several major flaws in the package announced by Prime Minister Muhyiddin Yassin for the June to December 2020 period.