Political developments are existential threat to economy, amid Covid-19 outbreak

Lee Heng Guie SERC

THE fluid and developing political situation will be closely watched and its eventual outcome could also have a bearing on how the newly announced stimulus measures will be implemented eventually.

While on the surface, the measures have already been announced by the interim prime minister Tun Dr Mahathir Mohamad, it would require the necessary implementation by the government agencies that are not currently headed by any government minister now.

“The implementing agencies must not be slack since there is no minister in charge, so there may be some slack; hopefully this would not happen, ” Socio-economic Research Centre (SERC) executive director Lee Heng Guie(pic) tells StarBizWeek.