Unprecedented
things occur. The UK has an Indian prime minister. And Barack Obama was
the first non-white US president and Kamala Harris is the first
African-Indian US vice-president.
Ruthless dictators still
abound. The Myanmar army has staged a coup deposing the democratically
elected government of Aung San Suu Kyi and has now jailed her for a
lengthy term of imprisonment.
There are silver linings. Indonesia
under President Joko Widodo (Jokowi) is forging ahead economically.
Vietnam is also growing rapidly.
Where’s Malaysia in all of this?
Malaysia
today has fallen behind countries that we were once ahead of. China
through its belt and road initiative has become a major investor and
trading partner in many countries in Asia and Africa.
We have not
done so well. Our national debt exceeds one trillion ringgit and our
household debt exceeds one trillion ringgit. We are 30 percent dependent
on our oil and gas revenues. These are depleting assets.
Part of
our problem has been corruption. Some of our leaders have helped
themselves with the funds they were entrusted to look after. There has
been leakage and there have been losses through wasteful and extravagant
projects.
We have also become an increasingly polarised nation.
PAS does not want non-Muslims in government. Perikatan Nasional also
pursues an exclusive Malay policy.
We are also caught in a middle-income trap. And that is partly because worker productivity is relatively low.
Our
expenditure on education is massive but quality is a big issue
impacting directly the productivity and employability of many of our
graduates.
The loss of English language proficiency is a big
issue. Our students are not able to access the vast resources available
on the internet and in books and research publications because they
require high English language proficiency.
GE15 did not produce a decisive winner. It resulted in a hung
Parliament. At the intervention of the king and the rulers, a unity
government was formed by Pakatan Harapan and Umno. PN and PAS chose to
stay out.
Anwar’s govt
Do Anwar Ibrahim and the unity government bring hope?
Anwar
is now our prime minister. He has been on the wrong side of a defective
political and legal system for a long time. He now has the opportunity
to fix things. He has little time to do what needs to be done. He needs
to be quick but he also needs to be cautious.
He
needs to bring our people together. But he must not alarm the Malays.
The unity government must demonstrate that a united nation will be
better for all in this country. That our diversity can be our strength.
It
is a delicate balancing act. Look after the poor of all races. Provide
training and support for Malay entrepreneurs. Provide incentives for
investment both domestic and foreign.
This could be a good and
exciting time for the nation and for all Malaysians. A time to press the
reset button, and start afresh.
The elimination of corruption
will free the nation from invisible constraints and wasteful
expenditure. Better education will raise levels of productivity. Looking
after the poor will unshackle a huge segment of our society and help
them become more productive.
This is an opportunity for Anwar to
prove himself and for Umno to redeem itself. Who knows, this unlikely
alliance may save the nation. That is our hope for the year 2023 and the
years ahead.