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Thursday, July 17, 2008

Making sense of Anwar's economics?

Among the highest TV viewership in recent years by Malaysians was recorded for the BIG July 15, 2008 Anwar-Shabery DEBATE on "oil/petrol price hike/promise for reduction" and UUMers get to sense a close ties to the historic event when UUM's Vice Chancellor himself, Tan Sri Dato' Dr Nordin Kardin was brought in as one of the two questioning panel members -- who obviously represented the Barisan National government having his traditional roots in BN's policies and implementations all these while...

To add to the mixed responses from the viewers/rakyats, the usual UUM's Economics lecturer provided his views as published by BERNAMA on the next evening ( July 16, 2008 22:08 PM ):

...

Universiti Utara Malaysia's Faculty of Economics lecturer Prof Madya Dr Mohd Zaini Abd Bakar said there was a possibility that foreign investors will be driven away if the country's standby capacity was low.

"I do not know the terms of contracts between Tenaga Nasional Berhad (TNB) and the IPPs but if there are terms that say the contract needed to be renewed, TNB can make a choice of not needing the IPPs as TNB has additional capacity," he said.

He also did not deny that the government could reduce fuel price through efficient management of the country's expenses.

"The government has to save on national expenses to cover back the fuel price reduction," he said.

...


Read the full article @ BERNAMA: Higher Expenses For Government If Anwar's Method Followed

Catch up with the entire debate if you've missed it:

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