Malaysia

Strip Azmin of trade minister’s post, urges Sabah PKR Youth

Fitch Ratings downgrade cited among economic failures under minister’s watch

Updated 5 years ago · Published on 31 Jan 2021 2:13PM

Strip Azmin of trade minister’s post, urges Sabah PKR Youth
International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali is accused of having lost the confidence of his Perikatan allies. – Facebook pic, January 31, 2021

KOTA KINABALU – The Perikatan Nasional government must terminate Datuk Seri Mohamed Azmin Ali from his cabinet post if it wants to boost the economy, said Sabah PKR Youth.  

Information chief Razeef Rakimin, in a statement today, said the prime minister could remove Azmin as international trade and industry minister, or Azmin could quit.

“Azmin failed in both the Pakatan Harapan and PN governments.  

“Last month, Fitch Ratings downgraded Malaysia’s long-term foreign currency issuer default rating to ‘BBB+’ from ‘A-’. The downgrade is a first since the financial crisis 20 years ago.  

“The United Nations Conference on Trade and Development also published a report on January 24, stating that Malaysia’s foreign direct investment has contracted 68% – which is worse than other Asean countries.”

He said foreign investors slammed on the brakes when PN took over Putrajaya and failed to manage the economy well during the Covid-19 pandemic.  

“This proves that Azmin is not qualified to have a ministerial position, what more, one that is related to the economy. 

“During the movement control order last March, Umno leaders claimed that Azmin was too focused on his personal agenda. Until today, his PN allies do not have confidence in him.  

“What is worse is that Azmin has failed to help Prime Minister Tan Sri Muhyiddin Yassin (manage the economy) amid the pandemic.” – The Vibes, January 31, 2021

Related News

Malaysia / 2d

Should PH work with Bersama to defeat a common enemy?

Malaysia / 1w

Anwar wants to stop the practice of embezzlement; reforms to continue

Malaysia / 1w

Government to repeal Universities Act, continue to uncover Felda issues

Malaysia / 1w

DAP delegates see little reason for party to leave government - analyst

Malaysia / 2w

Sabah and Sarawak can become 'kingmakers', determine who will lead Federal government

Malaysia / 2w

Warisan keeps Sabah pact talks open, pushes for local parties to contest 25 seats

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Malaysia

10 PH assemblymen, 2 DUN coordinators ordered to return allocations – Negeri MB

Malaysia

Federal Court ends legal uncertainty over mentally ill man who killed his father

Malaysia

Self-preservation drive motivated testimony, key witness tells Muhyidin graft trial

Malaysia

Ex-Tabung Haji CEO remanded until Aug 31 as MACC probe expands

Malaysia

Schools in Penang ready to implement PdPR if API exceeds 200

Malaysia

Court dismisses tycoon Tan Kok Ping's libel appeal against Penang CM

By Ian McIntyre

Malaysia

A historic turning point: The world on the brink of population decline

Malaysia

Haze prompts parents to keep children home from school

By Alfian Z.M. Tahir