By Clara Chooi | December 14, 2011
The Malaysian Insider
KUALA LUMPUR, Dec 14 — Datuk Seri Najib Razak may have to rush into elections within three months, analysts have predicted, due to a bleak economic outlook and a world backdrop that is more hostile towards “strongmen and corrupt establishments”.
“The economic dynamics will be most crucial in determining the election (timing), and the window is narrowing,” one analyst, Singapore Management University associate professor Bridget Welsh, told Singapore’s Straits Times newspaper in a report published today.
The article noted that Malaysia’s economy is expected to expand by just three per cent next year, according to Nomura International, well below this year’s targeted 4.7 per cent growth rate and the government’s five per cent forecast.
Others have also noted that Malaysia’s rising federal debt load and over-reliance on commodity exports could see the country’s economy hit the hardest among its Southeast Asian neighbours.
Continue reading “Glum economic outlook nudges Najib closer to polls”