Projections are mere political posturing aimed at appeasing the public, says opposition leader and former finance minister.
Anwar said recent statements by premier Najib Abdul Razak and Minister in the PM's department Nor Mohamed Yakcop that we could sustain a positive growth at 5.4 percent annually was overly optimistic even though the country was in the process of recovery following negative growth. Taking into consideration consideration the current situation and economic climate, Anwar was of the opinion that we could not attract much investment.
Anwar said recent statements by premier Najib Abdul Razak and Minister in the PM's department Nor Mohamed Yakcop that we could sustain a positive growth at 5.4 percent annually was overly optimistic even though the country was in the process of recovery following negative growth. Taking into consideration consideration the current situation and economic climate, Anwar was of the opinion that we could not attract much investment.
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