Guan Eng's selective use of statistics
QUESTION TIME | Is it right for Lim Guan Eng (photo, above) to take credit for the new government for the sharp increase in foreign direct investments and the reduction in prices of goods? Is it true the government is turning around confidence in the economy and is capping prices through the elimination of the goods and services tax?
In effect, the sharp rise in FDI actually masked a sharp drop in domestic investments, which Lim failed to address and explain satisfactorily in his statement.
It also shows the government’s tendency to highlight positives and hide the negatives not good for a government that espouses transparency, accountability and integrity. Further, there is a claim to inflation control, which is not warranted. Let’s explain...
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