SHAH ALAM, 13 Oct: The federal government must be proactive in addressing negative perceptions against the political system and the national legal institution so as to not affect economic growth.
The Chief Executive Officer (CEO) of the Selangor Economic Advisor’s Office, Dr Fahmi Ngah, said that it should be handled responsibly following the global economic slowdown and the effects of inflation.
“The country’s growth risk depends a lot on external factors that help or vice versa.
“These factors include the national trade economic growth, foreign investment flows, and the prices of the oil and gas commodities,” he told Selangor Kini.
He said that if the situation is not handled, it will affect foreign investment into the country.
Previously, the Governor of Bank Negara Malaysia (BNM), Tan Sri Dr Zeti Akhtar Aziz, said that economic growth may face greater risk as a result of the global economic slowdown compared to the effects of inflation.
NS
