PUTRAJAYA: The “Ali Baba” culture has caused losses estimated at around 1% of gross domestic product (GDP) to the economy, which is why policies and legal strategies will be drawn up to effectively put a stop to such practices, says the Prime Minister.
Datuk Seri Anwar Ibrahim said the “Ali Baba” or rent-seeking culture had a negative impact on the economy and his administration was serious about tackling and putting a stop to such practices.
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