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Grow our economy, not politics

  • With the 2018 general elections more than a year behind us now, it is time to put politicking aside and concentrate on fixing the economy.

Sin Chew Daily

The Associated Chinese Chambers of Commerce and Industry of Malaysia president Ter Leong Yap said based on the feedback from ACCCIM's members, almost all felt that the new government was “hot in politics but cold in economy” after more than a year in office.

This aptly describes the situation of this country today. It is not only the feedback from businessmen but alto ordinary citizens.

It is therefore imperative that the government seriously look into this and respond with full sincerity.

Malaysia ushered in a new era last May, with Pakatan Harapan capturing Putrajaya and bringing much hope for change.

However, more than a year has since lapsed and Malaysians in general have lost their political enthusiasm even though vicious political scuffles continue unabated, dealing a severe blow on the big environment.

PH made it to Putrajaya thanks to the adamant support of voters. The public have had very high expectations from the new government, but unfortunately we have witnessed unending internal conflicts within the ruling coalition, while component parties differ in their stand on so many issues, bogging down the overall administrative efficiency.

As if that is not enough, infighting within PKR is shaking the stability of the coalition. PKR deputy president cum economic affairs minister Azmin Ali's alleged involvement in a sex video scandal has brought to light the previously concealed crack within the party.

Given the intense infighting within the party, sure enough the performance of PKR's cabinet ministers has been compromised.

In addition, the succession issue has also ticked a sensitive political nerve and added to the factor of instability.

Even though PH reached a consensus before the last general elections to let Anwar Ibrahim take over within two years, and PM Mahathir has also emphasized that he would honor his promise, there are nevertheless signs that Anwar's ascension to premiership is unpredictable and this has unfortunately become an often exploited political issue.

We have to admit that since the change of federal government last year, political noise in this country has far muted the engine sound of the economic locomotive.

Compared to the overheated political clamors, our economic sector appears to have been especially hushed.

This does not mean the government has completely neglected the economy and the country's development.

To be fair, the government has indeed made some initiatives to try to revitalize the economy, but under the stress of political struggles, economic development has not be given its deserved attention.

Malaysia's economic development has moved into the slow lane in recent years while the people are suffering increasingly heavy financial burden. The government's priority now should be to inject a new lease of life into the country's economic development in a bid to improve the people's life.

It is our wish that the government and relevant political parties will deliver themselves out of the quagmire of continued political rivalries and focus their attention on economic development so that the country's former glory as a promising Asian Tiger can be restored.

Against the backdrop of global uncertainty as a consequence of the Sino-American trade war, the Malaysian government should be more focused in lifting the country's economy and boosting its intrinsic strength to withstand the looming challenges.

With the 2018 general elections more than a year behind us now, it is time to put politicking aside and concentrate on fixing the economy.

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