IT is interesting that Datuk Seri Idris Jala, CEO of Pemandu, presented an upbeat “growth story” as the new reality in Malaysia, “Surviving the new reality” (The Star, Oct 5).
However, Pemandu’s economic update has to be more transparent and balanced. This is because Idris’ views were based on his stated consultations with “eminent government figures” and the three international ratings agencies who are not on the ground. There is the possibility of a credibility gap and a serious disconnect between the Government’s and the people’s perception of the country’s economic situation and the people’s own sense of wellbeing and their future prospects.