Govt to put an end to ‘Ali Baba’ culture
Prime Minister Anwar Ibrahim says the Ali Baba culture has a negative impact on the economy and the government is serious about eradicating this activity. – The Malaysian Insight file pic, July 11, 2023.
Anwar, who is also finance minister, said the Ali Baba culture has a negative impact on the economy and the government is serious about eradicating this activity. “The Economy Ministry and Attorney-General’s Chambers, with the participation of ministries and government agencies, will study and draw up the appropriate legal policies and strategies to eradicate rent-seeking activities and present the proposals to the cabinet,” he said in a statement today.
Anwar said the pioneer flagship projects and NETR initiatives aim to boost industry participation in the government’s new direction in exploring sources of renewable energy and shaping market demand as well as identifying resources to bridge the project financing gap.
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