Deputy FT minister questions Anwar's PM announcement, says tantamount to sabotaging economic recovery

  • Nation
  • Thursday, 24 Sep 2020

PETALING JAYA: The announcement by Opposition leader Datuk Seri Anwar Ibrahim claiming to have a majority to form a new government was met with cynicism by Datuk Seri Dr Edmund Santhara Kumar.

The Deputy Federal Territories Minister said the announcement was merely a means to sabotage the nation's economic recovery.

Santhara raised doubts over Anwar's intentions, as FTSE Russell will be deciding on whether to keep Malaysian bonds on the World Government Bond Index (WGBI) list soon.

"The question arises, is this a sabotage attempt by Anwar in light of what the Perikatan Nasional government is doing in an effort to recover the economy by all means?

“What does Anwar achieve following his announcement Wednesday (Sept 23)?" Santhara asked on Thursday (Sept 24).

He added that the PKR president's announcement had spooked investors and market sentiments, citing the drop in Bursa Malaysia on Wednesday.

He said the country may now face the risk of losing about RM33bil if FTSE Russell drops Malaysia from the WGBI.

He noted that FTSE Russell had decided to keep Malaysian bonds on the WGBI in September last year, but was monitoring the situation and is tipped to decide on whether to keep Malaysia on the WGBI Thursday.

Santhara also said that Anwar's announcement had come at a time when Prime Minister Tan Sri Muhyiddin Yassin had unveiled a RM7bil cash aid programme under Bantuan Prihatin Nasional (BPN) 2.0 to help the rakyat and the nation's economic recovery.

He chided Anwar for threatening efforts to recover the nation's economy merely due to his lust to become prime minister.

"The rakyat must evaluate for themselves who is rightly qualified to lead the country," Santhara said.

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