Emergency rule will calm politics, markets, say economists

Bernard Saw

Economists say the emergency proclamation may result in economic gains due to a period of political stability in the country. – The Malaysian Insight pic by Seth Akmal, January 14, 2021.

AN emergency rule of eight months could have the effect of stabilising Malaysia’s political climate, which will in turn boost the economy and investor confidence, said economists.

Arguments about the erosion of democracy aside, they said emergency laws will save the Perikatan Nasional government from falling as it is the losing Umno’s support.

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