Will emergency declaration impact economy?

Robert Lau Hui Yew

KUCHING: The declaration of emergency would affect the nation’s economy, said Dewan Negara Senator Robert Lau Hui Yew.

“Regardless of whether an emergency is declared or not the country’s economy will be adversely affected. The uncertainty it creates will have bad impact on the economy,” he said.

It is understood that the federal government would declare an emergency not because of issues of security and public order.

“The situation now is one of political instability and public health crisis brought about by the resurgence of the Covid-19 pandemic,” he said in a Facebook post today.

Lau, who is a lawyer by training, said the public health situation coupled with the political instability might threaten the economy of the nation.

“This is because the next Parliament sitting is next month to debate and approve next year’s budget. The budget might not get passed and the country could be forced to go to the polls due to lack of confidence in the present government.

“With the increasing number of Covid-19 cases, the country’s economy will be adversely affected while an election will be bad for public health as the virus is not under control,” he said.

The Sarawak United People’s Party (SUPP) Bawang Assan chief said the type of emergency that could be called by the federal government would be similar to the 1966 Emergency Declaration in Sarawak when the government of the day was unstable. The federal government imposed the emergency and replaced the then chief Minister, the late Stephen Kalong Ningkan.

“Meanwhile, daily life went on normally and the only restrictions were on state assemblymen due to the suspension of the state legislature,” he said.