How effective is the Economic Affairs Ministry?

Fsbruary1, 2019

How effective is the Economic Affairs Ministry?


 by Nathaniel Tan


COMMENT | Universiti Malaya Professor Terence Gomez recently wrote an article entitled ‘Patronage is king in new Malaysia?’

This article elicited a rather rare response from the usually reclusive and enigmatic former finance minister, Daim Zainuddin, who registered his umbrage about having his photo printed (“reporting by innuendo”, allegedly) alongside Gomez’s article in The Star.

One of Gomez’s key questions involved the moving of key federal agencies from one ministry to another under Pakatan Harapan.

Prime Minister Dr. Mahathir Mohamad created the new Economic Affairs Ministry under PKR deputy president Mohamed Azmin Ali just a few weeks after forming the government last year.

Gomez did not appear to directly question the formation of this ministry and the rationale for doing so, but Daim seemed quick to jump to its defence, writing:

“The cabinet is appointed by the Prime Minister; who he appoints and what portfolio they hold is entirely his prerogative. He can even have a minister in charge of durians if he so wishes, if he considers that a portfolio of durians is good for his administration and the country.”

Trying to play amateur psychologist should perhaps be frowned upon, but the defensiveness and sarcasm of these words might perhaps be interpreted as Gomez having hit a little close to home.

In his short piece, Daim was also quick to defend the ‘bumiputera agenda’: “The bumiputra agenda is mutually inclusive with a national agenda. For as long as we do not solve the bumiputra issue, we can never go forward as a nation.”

We must, of course, be fair. Nothing that Daim is saying in the above quotes is technically wrong, or even particularly bad.

The Prime Minister does indeed have every power to create or dissolve ministries as he sees fit, and bumiputera prosperity is not mutually exclusive with Malaysian prosperity.

All that said, it may be worthwhile for us to read a little between the lines to understand what undercurrents are at play here.

Why an Economic Affairs Ministry?

To my shame, I must admit that I was for a long time a little bit confused about the rationale of creating the Economic Affairs Ministry in the first place.

As time went by, I realised that said rationale should have been obvious to anyone deigning to consider themselves a seasoned political observer.

The answer becomes clear when we look at a sampling of which federal agencies were transferred from Finance Minister Lim Guan Eng’s ministry to Azmin’s portfolio: Felda, Felcra, Unit Peneraju Agenda Bumiputera, Yayasan Amanah Hartanah Bumiputera, and Yayasan Peneraju Pendidikan Bumiputera, just to name a few.

Azmin’s ministry also convened the Congress on the Future of Bumiputeras and the Nation in September last year.

The facts suggest that there were elements who felt uncomfortable with placing the agencies mentioned and all the power that came with them above under the aegis of someone with a surname like “Lim.”

Political ambitions as a distraction

Related image

There is one more element here at play. It may not have been a coincidence that Azmin was handpicked to lead this carved-out ministry.

The enduring focus of political speculation and gossip in Malaysia is whether or not PKR President Anwar Ibrahim will succeed Mahathir as Prime Minister.

Meanwhile, some might say that the enduring focus of Daim’s vision for a future Malaysia is one in which Anwar is not prime Minister.

The mutual dislike between these men is not much of a secret. In the early days after GE14, both made thinly veiled attacks against one another.

Image result for Daim on ANWAR

Anyone looking to prevent Anwar from becoming Prime Minister would naturally look to alternatives. Azmin of course is an obvious option, given the increasing animosity playing out between Azmin and Anwar.

The available facts and public positions taken by each respective party does make it look like there is some Azmin-Daim partnership manoeuvering to try and put forward Azmin as a successor to Mahathir instead of Anwar.

The disproportionate amount of Mahathir-friendly content on Azmin’s Twitter timeline and Daim’s reputation as someone inclined to project considerable influence (‘meddle’ is the less kind word some might use) in various spheres of governance all add to this perception.

The stakes in this game are high of course – literally the highest, where Malaysian politics is concerned. So it should come as no surprise that a lot of energy and resources go into the political manouvering at play.

Getting back on track

A few days ago, a piece of tragic, shocking news emerged, where two elderly ladies in Pudu died in a mini-stampede at the wet market over a rush to get coupons for free food.

Amidst all our politicking, this was a sobering reminder of the (literal) life and death realities Malaysians are facing on the ground.

Whatever his political ambitions, and whether or not his entire ministry was created amidst racial concerns, people like Azmin and others are all capable of playing a big role in facilitating much-needed growth in our economy.

Doing so, however, will require him and the rest of those in power to hunker down and really focus on finding solutions.

If we fail to do so, we put the welfare of those like the two ladies in Pudu, and millions of other Malaysians with them, at severe risk.

NATHANIEL TAN is Director of Media and Communications at EMIR Research, a think tank focused on data-driven policy research, centered around principles of Engagement, Moderation, Innovation and Rigour.

The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.

5 thoughts on “How effective is the Economic Affairs Ministry?

  1. “The bumiputra agenda is mutually inclusive with a national agenda. For as long as we do not solve the bumiputra issue, we can never go forward as a nation.”

    After decades of NEP, this is clearly to continuously deceive, manipulate and exploit the decent hardworking ordinary people or taxpayers for their political survival and being relevant at all cost.

    Just be honest and explain to the hardworking ordinary ‘ bumiputra ‘ eg. govt’s revenue is limited and is collected from the taxpayers. It does not grow on the trees.

    If the govt. could only collect $10 billion, assuming there is no abuse and rotting of the system and taxpayers’ money, it is used to properly run the country like education, hospital, the 1.6 million salary & benefits of civil servants etc..

    The taxpayers who contributed to the govt. revenue must be supported first to ensure the govt will have the revenue to carry out its programs and it don’t have to borrow to unfairly burden future generations and risk bankruptcy.

    Due to decades of bad and corrupt political leadership, these entitlement, grievance and/or victimhood mentality had done enormous permanent and long term damage to the country.

  2. What exactly is “the Bumiputera issue”?? Economic equality with Chinese across the board and in proportion to the demographic? Then they might as well give up now because it can never be done. Not by the govt. Tajuddin says the rich Malays must be in proportion to the Chinese. He cannot be more wrong. ITS Never the business of any govt to make the rich in any society or group. Doing so will lead to failure of everyone else.

    “the bumi issue” as their loudest proponent narrates it is a fantasy that meets the immovable reality of the limit of all government. Its a guarantee of failure perpetuated destroys everyone.

  3. On the past observation and practical evidence,
    if the leaders, regardless, are genuinely and sincerely committed to solve the bumiputras issues,
    just ERASE the “bumiputras” from our vocabulary.

    The word was never mentioned in the Federal Constitution.
    It was a word invented by the few Malay( Umno )Elitists as a special vehicle to enrich themselves and advance their political and personal agendas at the expense of country and people,particularly over the Malays themselves, as tool to enslaving the Malay Minds/votes for total domination, hence staying in power continuously, making the Malays totally depended on the Umno/Malay Elitists.

    And because of its invention , it had created far more issues than it can solve. Moreover , the issue should not be there in the first place!

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