State of Malaysia's political parties

Patience wearing thin over the economy

A lack of clarity from Malaysia's policymakers since the change of government and miserly public-sector spending has left investors either sidelined or heading for the exit.

In the 12 months since, foreign funds have flowed out of the stock exchange to the tune of over RM16 billion (S$5.3 billion). Billions more have been pulled out of bonds and private-sector spending growth eased last year, at a time when the government - before and after the 2018 polls - was tightening its belt.

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A version of this article appeared in the print edition of The Sunday Times on May 05, 2019, with the headline 'Patience wearing thin over the economy'. Print Edition | Subscribe