BusinessMalaysia should focus on inflation and its economy —...

Malaysia should focus on inflation and its economy — not elections: Mahathir, Anwar


Mahathir Mohammad, the former Prime Minister of Malaysia, during a press conference in Putrajaya, Malaysia on August 4, 2022.

Syaiful Redzuan | Anadolu Agency | Getty Images

Malaysia budget 2023

The dissolution comes after the government handed down its 2023 budget on Friday. While leaner than last year, it is one of the country’s biggest budgets with planned government spending of $372.3 billion (US$80 billion).

Mahathir, as well as opposition leader Anwar Ibrahim who leads the Pakatan Harapan party, both opposed conducting early elections due to the monsoon and flood season which could affect voter turnout or put voters in harm’s way.

The month of November typically faces big floods, Mahathir said.

“If there is an election, the government is banking on the obstruction to voters to voting because of the bad weather, in order to get their own people to support them. So this is not a very good time for election,” he said.

Additionally, many voters had received bribes from the government to vote, Mahathir told CNBC in an exclusive interview last Thursday.

I don't think I want to be prime minister for the third time, says Malaysia's Mahathir Mohamad

The government should be focused on weeding out corruption and fine-tuning its economic management of the country, Mahathir said.

“The current government is not focusing on … getting rid of corruption — the government itself is corrupt,” he said.

“As you know, the leadership of the government party is involved in corruption and they are also facing court action for their past misdeeds.”

“They are not going to be able to tackle the problem. Because right from the very top, they are corrupt.”

The 97-year old Mahathir, who holds the record of being Malaysia’s longest-serving prime minister, is set to contest in the election with his new party, Gerakan Tanah Air.

I share Dr Mahathir’s view that we must eradicate corruption in order for the country to progress. This means dealing with all forms of corruption.

Anwar Ibrahim

Malaysia opposition leader

He expressed concerns that former prime minister Najib’s UMNO party could win the election despite the 1MDB scandal, as the party is backed by “diehard supporters” who still believed in Najib’s innocence.

When asked if he could work with the opposition party, Pakatan Harapan, to contest the election and establish a cleaner government, he said: “No, I cannot work with these people because they are corrupt — right through from the top to the bottom.”

Corruption, inflation, unemployment

Anwar told CNBC that if Mahathir’s primary concern was corruption, then he should be more supportive of Pakatan Harapan, which he said has been consistent in its fight against corruption for many years.

“I share Dr Mahathir’s view that we must eradicate corruption in order for the country to progress. This means dealing with all forms of corruption,” he said.

“We cannot confine the anti-corruption drive to political opponents and enemies while turning a blind eye to the excesses happening amongst political allies, including former leaders who have enriched themselves and their families.”

Ex-Malaysian prime minister Najib will get better treatment in prison than I did: Opposition leader

Like Mahathir, he said the government should be focusing on problems such as record-high food inflation.

“Under UMNO and Najib, [the government] utterly failed to implement a coherent national food security plan. Their failure is now causing tremendous hardship for Malaysian families today,” he said.

There are other problems such as high youth unemployment, lack of jobs due to low domestic and foreign investments, struggling small- and medium-sized enterprises hurt by the pandemic and failed social safety nets for the country’s poor, Anwar added.

“I support having an election as soon as it is safe to do so,” Anwar said, referring to safe campaigning and voting after the monsoon season.

We expect Malaysia's budget will be 'slightly less expansionary,' says economist

“I do not support having an election just so that some figures in the ruling coalition can save themselves from corruption cases and lengthy jail terms.”

ISEAS-Yusof Ishak Institute senior fellow Dr Norshahril Saat said Malaysian voters would be overwhelmed by not just the country’s economic woes and global headwinds but a future government’s ability to lead them out of economic crisis.

The upcoming election will “see multi-cornered fights,” he added.

“The question is not whether any coalition can go solo after the election, [but that] no one coalition can win single-handedly. There has to be some alliances after [the general election],” he said.



Original Source Link

Latest News

Former Yahoo CEO Marissa Mayer was Google’s first female engineer—only because she tried to delete a recruiter email and accidentally opened it instead

Mayer's career can be boiled down to a single wrong keystroke. Read More Original Source Link

Bitcoin price dips 4% as TradingView 'glitch' sends dominance to zero

BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data. Original Source...

China’s EV sales zoom past western rivals

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa...

Squid Game season 2 review: a brutal remix of Netflix’s biggest show

In the three years since Squid Game became Netflix’s biggest property, it’s been easy to forget just why...

Brickbat: For the Birds

Los Angeles County Sheriff's Deputy Joseph Benza III faces up to 10 years in prison after pleading guilty...

The fabric of the universe is ‘lopsided’, huge gravitational wave mapping study finds

Using the largest gravitational wave detector ever made, we have confirmed earlier reports that the fabric of the...

Must Read

This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, Full Prediction Shows A Further 30% Decline

Este artículo también está disponible en español. Two days...

Barclays-backed Copper withdraws UK crypto license application

The UK FCA previously said that almost 90%...
- Advertisement -

You might also likeRELATED
Recommended to you