KUALA LUMPUR, July 14 — Former economy minister Rafizi Ramli has labelled Malaysia a “poor country” in need of foreign capital, urging critics to face economic realities. He stressed that foreign investment is essential for local companies to access affordable financing.
Whether through bonds or equity, and cautioned against dismissing market concerns as irrelevant. “Malaysia needs foreign money,” he said bluntly, adding that capital inflows are vital to spur growth and sustain economic reforms.
At the same time, Rafizi issued a stark warning to Prime Minister Datuk Seri Anwar Ibrahim over alleged interference in judicial appointments. Speaking at a public forum, he said the issue could cost Pakatan Harapan (PH) its urban support base, threatening defeat in the next general election.
Rafizi, one of nine PKR MPs pushing for a Royal Commission of Inquiry (RCI), insisted that their stance was not sabotage but a necessary call for integrity. “If PH loses power, who will care about reform anymore?” he asked, urging Anwar to protect his legacy by ensuring judicial appointments are transparent and beyond doubt.
