KUALA SELANGOR – If Barisan Nasional is given the mandate in the 15th general election (GE15), a stable government can be formed to continue all the policies formulated to help the nation weather the global economic uncertainty, said Datuk Seri Tengku Zafrul Tengku Abdul Aziz.
The caretaker finance minister said the policies introduced before the dissolution of Parliament have clearly produced good results, with the national economy posting growth despite facing global headwinds, including from the geopolitical situation in Europe.
“The (conflict) in Ukraine and Russia, which has now also extended to Poland, has had an impact (on us) to some extent, in addition to Europe’s economic downturn. Just look at the high inflation rate due to higher fuel and raw material prices.
“In the United States, the interest rates have risen very high, burdening the people there,” he told reporters here today.
Tengku Zafrul said that while Malaysia has been affected by the fallout, the economy has continued to grow due to the policies introduced and implemented.
“The economy grew 14.2% in the third quarter of this year, representing the fourth consecutive quarter of growth, while the first nine months of 2022 saw a growth of 9.3%.
“But the important thing is to look ahead. If BN is able to return and form the government, we will continue the policies to help the people and develop the economy,” he said.
Tengku Zafrul, who is BN’s candidate for the Kuala Selangor parliamentary seat, said that although the country is showing healthy economic performance, Malaysia needs a stable government with a positive track record to prepare for the rising global challenges anticipated in 2023. – Bernama, November 17, 2022
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