Despite the multibillion dollar pullout of Foreign Direct Investments (FDIs) by jittery investors and the downward spiral of the ever weakening ringgit, Lim Guan Eng defended the local unit and took credit for its ‘superb’ performance by alleging that it was all ‘Mahathir’s doing’.
In a press release today, the wise and infallible Minister of Finance conveniently skated over the fact that the ringgit was among the best performing currencies in Asia and registered its strongest ever performance in seven years back when Dato’ Seri Najib Tun Razak was still Prime Minister.
“The ringgit strengthened by 10.4 per cent at RM4.062 against the US dollar in 2017 after experiencing four consecutive years of depreciation, its strongest performance in seven years, says Bank Negara Malaysia (BNM).
“In its 2017 Annual Report released on Wednesday, the central bank said the ringgit was also one of the best-performing regional currencies, despite intermittent depreciation due to “risk-off” events during the year.”
It is clear that Najib was the man responsible for that performance.
Then, when Pakatan Harapan took over government, the local unit suffered a severe beating and is currently at it’s worst ever performance since May 2018.
Guan Eng somehow ‘credited’ that performance to Dr Mahathir Mohamad by alleging that investors, many of whom are pulling out their commitments as we speak, are ‘confident’ with the latter’s administrative’s capabilities.
Netizens did not take lightly to such levels of stupidity and slapped Guan Eng stupid on Facebook by pointing out everything from the way he looks to the possibility that he truly is the ‘infallible’ leader of all mankind.
Pictured below are some of the funniest screen captures I could find in the barrage of attacks the Ministry of Finance Facebook page suffered today following Lim Guan Eng’s ‘ingenious’ and mind-blowing release.
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