Last week, when Finance Minister Lim Guan Eng confirmed that the country’s debt level exceeded RM1 trillion, many were concerned about the effect of such an announcement on the stock market.
These concerns appeared to be validated when the Bursa Malaysia subsequently dived, leading to more calls for Lim to tone down on his incendiary remarks about the economy.
Former international trade and industry minister and trained economist Rafidah Aziz, however, is unperturbed by such concerns.
Known for incendiary comments herself, she said she fully supported Lim’s move to be transparent about the country’s financial standing.
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