Policies and plans that have been drawn up to mitigate the global economic crisis will remain intact despite the leadership change in Malaysia next month, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said today.
“As far as Malaysia is concerned, it is not a change of government but leadership. It is the same party that rules. God willing, Datuk Seri Najib Razak will take over from Datuk Seri Abdullah Ahmad Badawi.
“Hence, What has been planned to address the crisis will be continued and whatever that needs to be done after that,” he told CNBC in a live interview.
As for leadership changes in other countries in the region, especially in Indonesia, he hoped any leadership change would not affect the priority issues to deal with the crisis.
“I am not too sure about the rest of the region because there are different level of issues and problems that need to be dealt with.
“Hopefully, it will not be to the extent of disrupting whatever the priority issues are to deal with the economic crisis,” he said.
As for the second stimulus package or mini-budget to be unveiled on March 10, Muhyiddin said it could be more than RM10 billion or RM15 billion, but “the most important thing is the implementation”.
“The money must go down right to the very area that needs to be spent. There should be a monitoring system to make sure the money is spent to the purpose, especially businesses, industries and people at large that we feel important to be supported,” he added. — Bernama
Read about Barisan Nasional’s ‘policies’:
Muhyiddin ‘assures’ that Najib will continue ‘policies’