Malaysian PM says no timetable for handing over power

Image
AP Putrajaya (Malaysia)
Last Updated : May 09 2019 | 1:46 PM IST

A year after his election victory, Malaysian Prime Minister Mahathir Mohamad has defended his government's record but gave no timetable for handing over power to his successor Anwar Ibrahim.

Mahathir says there were hiccups in pushing through some reforms because of insufficient support in Parliament for the required constitutional changes.

The 93-year-old Mahathir has said he needed two years to fix the country's problems after ousting a scandal-plagued government.

Uncertainties over the timing of the handover rattled some investors who fear it could disrupt the economy.

Mahathir told foreign journalists Thursday that he is an "interim prime minister" but there was no fixed period for him to leave. He says the transition will be smooth as any changes by Anwar will "not be radical.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 09 2019 | 1:46 PM IST

Next Story