EconomicAffairs

New KL govt should not jettison economic policies that worked

Ousted premier Najib Razak's political legacy might be scandalous, but his economic policies were good for Malaysia. The GST and the high-speed rail link to Singapore should remain, and fuel subsidies continue to be scrapped.

Malaysians can congratulate themselves for producing, through the ballot box, the political earthquake that has defeated the Barisan Nasional and unseated the unpopular prime minister Najib Razak.

Defying the political odds, the pollsters and the predictions of pundits, the unlikely coalition that is the Pakatan Harapan (PH) has been voted in, led by an equally unlikely former prime minister, Tun Dr Mahathir Mohamad, who at 92, has set a record for the world's oldest head of government and can probably lay claim to the most stunning political comeback ever.

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A version of this article appeared in the print edition of The Straits Times on May 16, 2018, with the headline 'New KL govt should not jettison economic policies that worked'. Print Edition | Subscribe