Saturday, September 18, 2010

Government failed to attract investors

By Anwar Ibrahim 0Comments
Categories : New Agenda, Analysis, International, Anwar, Economy, Recommend, Current Issue and Malaysia
Report Merill Lynch Bank of America 's concern related to the market . According to the report of Malaysia are among countries that are not favored investors in Asia Pacific after the bank was reviewing the views of fund managers . Although the government tried to stop a beautiful picture , the fact that Malaysia fell two steps from the previous position which was ranked 10th , and now in the position tercorot . Certainly this story to publish my fear on the economic position of the country when the so-called administrative Dato ' Sri Najib would make a warkan diwar economic policies aimed at attracting investors.

A number of important matters that should be considered is the view of investors who see Malaysia is not able to compete with neighboring countries such energy to move forward as Indonesia . Our neighbor to the survey by the World Economic Forum (World Economic Forum ) has jumped 10 stairs to the 44th of 139 countries . Following the development of our kind of doubt the details of the New Economic Model to be announced prime minister is able to revive the sluggish economy of this country . Government's intention to make investments of RM 2.2 trillion in the past 10 years , where 92 % of that number come from private investment , certainly raises concerns when investors act away from our markets .

The government should be aware , the economic policies that deny the policy and failed to give preference to make changes to systems that deal would seem empty. I stress that a comprehensive , investors give priority to the justice system clean , the climate is not corrupt and deceitful and promising leadership . Presentation and detailed economic policies , but denied such basic items will only be received cold . Unfortunately, this fact of ruling elites continue to deny even the people who suffer jelatalah hold the load.

ANWAR IBRAHIM