THE recent turn of events in Malaysian politics was shocking to all of us. While the appointment of a Prime Minister and his announcement of a new Cabinet has gone some way towards calming the waters, more needs to be done to rebuild trust.
Matters are not helped by a pessimistic external environment. The outbreak of Covid-19, which has infected over 100,000 people globally, has been declared “a Public Health Emergency of International Concern” by the World Health Organisation. The OECD (Organisation for Economic Co-operation and Development) reduced its global growth forecast to 2.4% and the epidemic has further depressed the outlook of our economy.
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