Wednesday, February 8, 2023

“Why did Anwar took up the Finance Minister portfolio?” Rafizi explains that it is due to extraordinary circumstances

News"Why did Anwar took up the Finance Minister portfolio?" Rafizi explains that...

The appointment of Prime Minister Datuk Seri Anwar Ibrahim as the Finance Minister has since caused a huge debate online, with many netizens pointing out that this is against Pakatan Harapan’s (PH) own pledge to limit the prime minister’s power over the country’s coffers.

Responding to the criticisms online, Economic Affairs Minister Mohd Rafizi Ramli explained that his party president’s decision to take over the Finance Minister portfolio was justified as it was an ‘extraordinary’ circumstances.

In a press conference today (5 December), Rafizi said that the ideal cabinet line-up is to separate the prime minister from the finance portfolio and that his position has not changed.

Source: Utusan

“I think the situation forces us to make such a call. Thus, we should continue letting the prime minister control the ministry of finance. But the situation is extraordinary. We are in a situation where no party can form a government and has to coalesce.”

“And at the same time, we need a strong economic leadership,” Rafizi said.

PH has pledged to circumvent the prime minister’s control over the country’s finances due to the widespread discontent against the former Barisan Nasional government over the 1Malaysia Development Bhd (1MDB) scandal and the prime minister at the time, Datuk Seri Najib Razak.

However, Anwar stressed that his unity government will not compromise on its anti-corruption agenda.

Source: Facebook

Anwar’s decision can prevent infighting for Finance Minister post

Meanwhile, several PH leaders have come to defend Anwar’s dual task as the prime minister and finance minister and said this could spur confidence among investors.

According to Rafizi, Anwar’s decision can also prevent infighting among coalition partners.

“A strong economic leadership is needed as the main thrust of this government. But I’m of the opinion that this was a tough call that had to be made,” Rafizi said.

“When you are in a government made of different coalitions, many would be eyeing the finance minister post and want it to be on their side.”

Watch the press conference here:

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