Cancelation of Strategic Projects

Jokowi\'s government certainly has an argument in applying its debt policy, especially to finance infrastructure development to support growth and improve the competitiveness of our economy.

KOMPAS/DIDIE SW

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Prime Minister Mahathir Mohamad’s decision to cancel the Malaysia-Singapore railway project in order to save Malaysia\'s economy has attracted much attention.

Even though several parties argue that the cancelation of this megaproject is based on Mahathir\'s political consideration to maintain Malaysia’s distance from Singapore, on the other hand it is judged appropriate to reduce the fiscal burden. Moreover, many say the project will not contribute to the economy at present or in the future, so Mahathir\'s decision has gained widespread support from the Malaysian people.