Recent financial crises have visited economic calamity upon ordinary citizens in the countries of the East and West alike. Experience tells us that there can be no complacency about a nation’s financial state.
Concerns voiced in various reports and the media call for special attention to Malaysia’s finances and their management. These concerns are:
The above details signal an alarming trend.
Decisive action is required to safeguard Malaysia’s development potential and forestall a crisis situation such as in Greece.
In line with public interest, therefore, and as a first step towards democratising the management of government finances, we, the undersigned, call upon Barisan Nasional and Pakatan Rakyat, the main contenders for government in the 13th Malaysian general elections, to openly lay out detailed policy positions on how they intend to manage the nation’s finances.
In their policy briefs on national finance and debt, the two political coalitions must provide the following minimum feedback: