Uncertainty over leadership transition affected investors’ confidence, says Khairy

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KUALA LUMPUR: Uncertainty over whether Tun Dr Mahathir Mohamad would hand over the premiership to PKR president Datuk Seri Anwar Ibrahim has affected investors’ confidence, says Rembau MP Khairy Jamaluddin.

According to the former Umno Youth leader, many local and international investors whom he had met, said that political and power transition issues had held them back from investing in Malaysia.

He pointed out that it caused a drop of 1.9% in private investment for the first half of 2019, and said it caused businesses to avoid investing in new machinery.Khairy was speaking during the Budget 2020 debate at the Dewan Rakyat on Monday . In his speech, Khairy also criticised Pakatan Harapan for not addressing climate change in Budget 2020.

 

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A smart but inefficacious move, KJ. Taking a page from BN/UMNO's old stratagems?

In other words ..you are telling that the old man is already showing signs of senile..Scaring of investors..Quick transition as damage control..You should also be prepared to join PH as UMNO seems to be in a speedy road to senility Khairykj anwaribrahim limkitsiang mpklang

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