Maintain status quo for continuity

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'There’s a need for continuity to bolster investors’ confidence in Malaysia.' - Lim Soo Heng

JUST as the threat of Covid-19 abates, the country is now confronted with new challenges in the form of the looming global economic and food crises. The prolonged Russian invasion of Ukraine has sent economic shock waves globally as markets become jittery over the geopolitical instability.

The unpredictable weather brought on by climate change is not helping either. Corn, soybean and wheat yields have dropped, pushing up prices of these commodities, which are already in short supply due to the Russia-Ukraine war. These are also the main ingredients for chicken feed, which Malaysia is now facing shortage in supply.

The general election is due; the date might even have been fixed by now. And then the new minister would have to go through the learning process all over again – at the expense of the rakyat who had to put up with delays in policy and administrative decisions.

 

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