It's facile to focus on the death rate as a sole, or maybe even principal, measure of whether to relax / tighten controls.
There seems to be growing evidence that the disease can cause long term lung and kidney damage: https://www.bbc.co.uk/news/uk-scotland-52506669
On top of that, if it is running at high levels you will have a natural economic slow down as people stay at home, do less and take precautions (either through being too unwell to work and go out or in fear of infecting loved ones or themselves).
It's simple-minded to think of the economic impacts as being imposed solely by the government.