PKR’s Hassan Karim reminds Bank Negara of duty to govt, calls it to be honest on ringgit’s decline

JOHOR BARU, May 29 — Johor PKR’s Hassan Abdul Karim reminded Bank Negara Malaysia (BNM) today of its duty to give an honest assessment to Prime Minister Datuk Seri Anwar...

JOHOR BARU, May 29 — Johor PKR’s Hassan Abdul Karim reminded Bank Negara Malaysia today of its duty to give an honest assessment to Prime Minister Datuk Seri Anwar Ibrahim on the current depreciation of the ringgit.

“With that, BNM’s governor [Tan Sri Nor Shamsiah Mohd Yunus] needs to be forthright with the prime minister and the Cabinet regarding the state of our country’s economy and finances, both of which are closely linked to the people. Knowing the truth is important despite it being bitter.” Hassan explained that a frank assessment by BNM was important for Anwar, who is also the finance minister, to initiate recovery measures by the government.

“The people are also not easily swayed by such sweeping statements anymore. Malaysians are now very capable and have the latest information at their fingertips,” he said.

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