Malaysia
PM: Malaysia’s politics stable, more foreign investments will flow into the country
Prime Minister Datuk Seri Ismail Sabri Yaakob delivers his speech during the 2020 National Womenu00e2u20acu2122s Day celebration at the Kuala Lumpur Convention Centre, March 8, 2022. u00e2u20acu201d Picture by Yusof Mat Isa

HANOI, March 20 — Prime Minister Datuk Seri Ismail Sabri Yaakob said today that there is political stability in the country at present and is confident that more foreign investments will flow into Malaysia.

He said that since taking over the government administration, the opposition and government could, for the first time in the country’s history, sit down together to discuss national issues.

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He said that following the memorandum of understanding signed by the government and opposition, they (the opposition) were not too emotional despite having differing views, and continued to support the government in Parliament sittings.

"The political situation is stable now and that is why we are confident that more foreign investments will flow into Malaysia, (it is) just that many are asking for the general election to be held sooner. We are also concerned that if the general election is held sooner, this stability can not be maintained.

"Alhamdulillah, our politics is stable. You can come back to Malaysia,” he joked when meeting members of Keluarga Malaysia (Malaysian Family) here in conjunction with his two-day official visit to Vietnam that began today.

Elaborating, Ismail Sabri cited the amendments to the Federal Constitution related to the Malaysia Agreement 1963 (MA63), which received the backing of two-thirds of the MPs.

"Unlike other Bills that require a simple majority, amendments to the Constitution require a two-third majority and the voting is done individually and not through a voice vote, so the political situation is stable,” he added.

Ismail Sabri arrived here at 1.45 pm local time and his maiden official visit is at the invitation of his Vietnamese counterpart, Pham Minh Chinh. — Bernama

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