Malaysians to elect new govt as economy continues to recover

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KUALA LUMPUR: Malaysia will go to the polls on Saturday (Nov 19) to elect a new government as the country continues to recover from the tripartite problems of the pandemic Covid-19, the global geopolitical crisis and climate change that have greatly affected the livelihood of its 32 million population.

After days of exhaustive campaigning, the former government under Barisan Nasional is confident in making a comeback and reinstating Ismail Sabri Yaakob as Prime Minister for a second term in view of his resounding success in putting the economy back on track and securing employment for thousands who had lost their jobs during the pandemic.

Total trade registered double-digit growth in September 2022, expanding by 31.4 percent, reaching RM256.9bil as compared to RM195.5bil in the preceding year. It is for these reasons the party’s leadership has collectively agreed to name Ismail Sabri the nation’s 10th Prime Minister should the party returns to power.

"One of Ismail Sabri’s achievement is maintaining the macroeconomic stability and maintaining economic confidence in the country, global investors like us and many others, view macroeconomic stability as perhaps the most important variable, just like what the government of Ismail Sabri has done,” said Saeed.

He acknowledged that the Malaysian government has done a"pretty good job” in strategising its economy while the global economy is on the edge of a massive recession and systems are cracking up.

 

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