Published: Sunday January 6, 2013 MYT 3:17:00 PM
Updated: Sunday January 6, 2013 MYT 4:07:06 PM
Awang Adek: International rankings will improve with bigger mandate
BACHOK: Political and economic stability will determine whether Malaysia improves or retains its good rankings on several international indices this year, said Deputy Finance Minister Datuk Dr Awang Adek Hussin.
"If the Barisan Nasional (BN) secures a bigger mandate (in the upcoming general election), I am confident we will improve on our rankings," he told reporters here on Sunday.
He was commenting on Australia-based World Peace Index's report which stated that Malaysia made remarkable improvements in various fields from 2007 to 2012.
The improvements were in areas of investor confidence in the country rising from 16th spot in 2007 to 10th in 2012, ease of doing business (25th to 18th); competitiveness (19th to 14th) and World Peace (37th to 12th).
Awang Adek, who is Kelantan Umno deputy chief, said the successes were, among others, due to the economic and political transformation initiatives introduced by Prime Minister Datuk Seri Najib Tun Razak. - Bernama