Rafidah warns of long-term economic impact if important issues not addressed


  • Nation
  • Saturday, 19 Mar 2016

PETALING JAYA: Tan Sri Rafidah Aziz (pic) has warned of long-term negative impacts on the economy due to a lack of attention to important issues.

In a Facebook post on Saturday, the former Cabinet minister said that she felt that much that has happened over recent weeks would continue to have a long-lasting impact on the nation.

She said that there had been a lot of focus on politicking, bickering, badmouthing one another, making enemies of friends, and alliances amongst foes and detractors as well as shows of force and shows of support.

“In short … we are witnessing a circus in the political arena … it’s not pretty … it is quite shameful actually,” said Rafidah.

“Are we now bereft of collective national leadership? When these are the critical times that such collective leadership is so needed?” she asked.

Rafidah said that the political haze had cast a gloom over the nation, although she insisted that “life can still go on”.

“We seem to be too busy mustering personal and group support … with the mushrooming of ‘dedicated’ and ‘special interest’ groupings,” she said.

Rafidah warned that “the plot is being missed” along the way and that politicians are forgetting about the support of voters and the rakyat.

“Everyone concerned must work … not to scratch each other’s back … or to bring each other down … but to ensure that the party does not have rough and bumpy landings at the end of it all and the rakyat end up as casualties,” she said.

She also said that the so-called “economic headwinds” that continue to affect Malaysia’s economy along with externally-generated economic volatilities must be managed well, while effective strategies should be implemented to avoid long-term negative effects on the overall economy.

“Economic management and governance must be decoupled from political elements and considerations … as in the past … we should not politicise the economic governance … and we should never govern to please the gallery,” added Rafidah.  

She said that economic governance is a very serious business and warned that there will be irreparable damage over the long term if the economy is derailed because of inadequate attention to important issues faced by business.

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