MANY Malaysians have a serious concern: How long will Prime Minister Datuk Seri Anwar Ibrahim’s unity government last now that it is fully operational and all ministers have gone about their businesses?
According to DAP veteran Lim Kit Siang, the longevity of Anwar and his unity government will be determined by how well they pass six “survival tests” during their first year in office.
Lim noted the first litmus test for Anwar’s government starts with the opening of the Dewan Rakyat on Dec 19 and that is when the Parliament will decide who the new Speaker will be.
While the unity government has yet to indicate which of its MPs would be suggested for the Speaker role, Perikatan Nasional (PN) had already announced that it will send the names of those from the coalition it believes should be appointed.
The second test, Lim noted, is the passing of the vote of confidence motion for Anwar as prime minister in Parliament on Dec 20, 2022.
Recall that in the aftermath of GE15, PN had criticised Anwar’s appointment as prime minister and had challenged him to demonstrate if he had a majority in Parliament
In the aftermath of the elections in November, the PN was not satisfied that Anwar was chosen as the new Prime Minister of Malaysia.
Calling on Anwar to prove that he had the support of the majority of MPs, PN chairman Tan Sri Muhyiddin Yassin said he had 115 statutory declarations from MPs backing him for the top post.
In response, Anwar had, on Nov 24, announced that the main agenda for the first parliamentary sitting on Dec 19 will be to table a vote of confidence towards him.
The third test, Lim said, is the upcoming UMNO General Assembly on Jan 11-14 to elect new office-bearers.
Note that this is also a big test for UMNO president Datuk Seri Ahmad Zahid Hamidi, who is said to be the architect of the UMNO alliance with Pakatan Harapan.
Again, recall Zahid’s “No DAP, No Anwar” battle cry prior to GE15. With a slew of pending court cases hanging over his head and Barisan Nasional’s defeat in GE15, the embattled party president was criticised even members of the party.
Lim’s fourth test is the passage in Parliament of the Motion of Thanks for the Royal Address at the opening of Parliament, which in effect is the government’s policy programme for the year. Again, this will depend on the numbers that Anwar has in Parliament.
Approval for the 2023 Budget will be the fifth test and if the unity government can survive these five tests in the next few months, Lim said it will then have to face the sixth test - the state polls in Penang, Selangor, Negri Sembilan, Kedah, Kelantan and Terengganu.
“Perikatan Nasional (PN) will do its utmost to make gains in these six states to topple Anwar’s government.
“In fact, the PN Negri Sembilan chairman had declared that the Negri Sembilan PN is aiming to win at least 19 out of the 36 state seats to enable the coalition to form a state government,” he said, adding that PH should not take PN’s “threat” lightly whether in Negri Sembilan or the other five states. - Dec 13, 2022
https://focusmalaysia.my/how-long-will-anwars-unity-government-last/
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19-12-2022 will decide how long Unity Govt will last….and how bullish or bearish KLSE will be …….
2022-12-15 08:52
1. DSAI has achieved his target when becoming the PM and now helming the government/country. So, no sorrow or regrets even the tenure of his premiership is unpredictable. What a fulfilling feat from the "reformasi" movement?
2. Minus the parasites, anyone will last longer, unless like while climbing a coconut tree, the rest who are below your butt are pulling your legs to drag you down.
3. When in the classroom, teacher taught that inflation was due to excessive cash in the hands of the consumers chasing after limited goods & services, therefore causing the prices to increase/inflate too much. As a result, the purchasing power of the money is diminishing or the value of the currency is dwindling continuously.
4. The current incident of inflation was caused by the increased cost of production largely caused by the war in Ukraine. Therefore, the price of finished goods are pricey and consumers needed more money to buy the same quantity of goods and service. The consumers suffered a lot because their incomes are not improving.
5. The worse part was allowing the banks to increase the interest rate to hammer this unorthodox/unusual kind of inflation. Already coupled with lesser money to buy the usual consumptions, the larger amount of bank loan repayment has paralysed the economy of many family...in the towns, big or small.
2022-12-15 13:05
This new government must work to reduce the interest rates from the bank that are not helping the consumers in view of the type of inflation afflicted the economy. This type of inflation does not need the hike of interest rates as propagated by the Western thinking economists.
2022-12-15 13:08
Stock market can boost Anwar PM 5 years no problem. Every month or 2 goreng new stocks can Anwar do it?
2022-12-15 14:57
Goreng stocks meaning some stocks must 2x or 3X can Anwar do it? 1st month Anwar PM 10 already seen ASB goreng how about other stocks?
2022-12-15 15:00
HAHAH just like the paid forwarder to say sheraton 2.0 will occur and anwar will fail to put fear to those mindless and blind
TOO BAD it will not happen...
2022-12-15 16:05
maybe Anwar will last another 22 mth since court cluster still pulling him down
2022-12-15 22:35
". The current incident of inflation was caused by the increased cost of production largely caused by the war in Ukraine. Therefore, the price of finished goods are pricey and consumers needed more money to buy the same quantity of goods and service. The consumers suffered a lot because their incomes are not improving."
=========================================
Prices of goods rising due to negative events are acceptable.
However, problems like these end without bringing down goods price.
It stays high until the next problem arises and sharks are quick to raise the prices citing the latest problem. Some problems are recurring, for example currency value but the inflated goods price remain. The worst part is the products packaging diminish with high price. Double whammy for consumers. There have been no meaningful reduction in price. Even if it does reduce, it half hearted exercise due to force.
2022-12-16 11:31
Ah Wah got the ability to push up our rgt n stk mkt like what we saw when he got the pm post.
We all hope he will strengthen that ability.
2022-12-16 13:01
compare it to the places they win?? 11% more like 55% those areas that they lost maybe 85% support like u said gone
like all the fearmongers trying to PRY for anwar to fail... he is secruing his 2/3 majority u can see in ASB ........
while u wait for mmore useless sabri and modin that throw sweets around DSAI is the best bet.......... the rest will nt help in our stock market too only their crony stock
CLEAN and EFFICIENT policy will set us straight ..
2022-12-16 17:12
19 They answered, “An Egyptian rescued us from the shepherds. He even drew water for us and watered the flock.”
20 “And where is he?” Reuel asked his daughters. “Why did you leave him? Invite him to have something to eat.”
21 Moses agreed to stay with the man, who gave his daughter Zipporah to Moses in marriage. 22 Zipporah gave birth to a son, and Moses named him Gershom,[c] saying, “I have become a foreigner in a foreign land.”
23 During that long period, the king of Egypt died. The Israelites groaned in their slavery and cried out, and their cry for help because of their slavery went up to God. 24 God heard their groaning and he remembered his covenant with Abraham, with Isaac and with Jacob. 25 So God looked on the Israelites and was concerned about them.
WHAT CAN WE LEARN?
Your ill treatment from others/another, caused you to yield/cry the LORD, has "went up to God", as in Verse 23. It can be kingdom/gov, so God can destroy Egypt then. The Egypt during the time of Pharaoh is not the Egypt of today.
2022-12-16 17:16
I am far from sinless/righteous but i would share what i have learned/from the Book of God. Common things from the market, KLSE...as known before the BURSA.
2022-12-16 17:31
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
https://www.youtube.com/watch?v=j6Rs6tRAIUE&t=115s
LIVE: Sidang media Anwar Ibrahim pasca Majlis Permuafakatan Kerajaan Perpaduan
Hopefully, this is the inflection point for Malaysia and Malaysians for a better future. The market likes this and has gone up after this video conference.
2022-12-16 17:32
calvintaneng
And these are the warning red flags on KGB
1. KGB committed to complete Sarawak Construction project by End December 2022 worth Rm420 Millions
See
https://www.thestar.com.my/business/business-news/2021/09/14/kelington-bags-rm420mil-construction-job-in-sarawak
So far no sign of payment except got Rm530 Million Receivables (IOU) in balance sheet
Why KGB not get payment yet?
Is it due to incompletion by cost over runs
CEMENT PRICES UP BY 15% IN EARLY
NOW ANOTHER 15% HIKE IN CEMENT PRICES
HOW TO SURVIVE 30% CEMENT PRICE HIKE IN ONE YEAR?
See
https://www.edgeprop.my/content/1904606/construction-groups-want-govt-probe-latest-cement-price-increase?wref=edgemarkets
Another Red Flag
Since KGB got no payment IT GONE TO BORROW MORE MONEY
Refer KGB balance sheet
Short term loan jumped from Rm29 millions to Rm152 Million or Up by Rm123 Millions
Matter of time due to High Construction cost KGB will go insolvent & later bankruptcy
BETTER SELL KGB
SITTING TIME DEBT BOMB OF CONSTRUCTION OVER RUNS, IOUS & HIGHER DEBT LOAD
GET OUT NOW!
SELL ALL KGB
SELL ALL KGB WB FAR OUT OF MONEY!
2022-12-15 00:30