Emergency spending rule could spook investors further - ex-finance minister II

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Passing supplementary budgets without parliamentary approval shows the govt is politically unstable, adds Johari.

The new emergency ordinance, which allows for Putrajaya and state governments to tap into consolidated funds without scrutiny, could scare away more investors, according to former second finance minister Johari Abdul Ghani .

Johari said the ordinance - which could also allow supplementary budgets to pass without approval from Parliament - showed that the government was politically unstable, and this, in turn, affects investor confidence...

 

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Investors like Macau scam..love them for not even knowing that they are the cause of spook...

And yet your Umno boy Shahidan Kassim claims he is doing the right thing making sure this illegitimate government remains government for the rest of his life. Hello Johari. What will you tell Shahidan Kassim?

Investors

Not could, it's taking place already

What investors? is there?

Investors can tolerate Biased Governance but will avoid Incompetent Governance

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