Dr Mahathir: Malaysia’s stock market will collapse completely if emergency declared
KUALA LUMPUR (Oct 24): Former prime minister Tun Dr Mahathir Mohamad claimed today that Malaysia’s stock market will collapse completely if a state of emergency is declared in the country as the nation contends with the impact of the Covid-19 pandemic.
"Already, the mere rumour of an emergency has resulted in the stock market taking a deep dive,” Dr Mahathir wrote in his blog Chedet today.
Dr Mahathir claimed that if an emergency is declared, “investors (will) have no faith in the prime minister being able to manage the economy".
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