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"This was why headline inflation rate hit 8-year high of 5.1% last month," he said.
In addressing Lim's second statement that inflation was high during the 1998 Asian financial crisis and the global financial crisis in 2008, Abdul Rahman said the 1998 inflation happened because of the sharp depreciation of the ringgit which pushed the cost of imported food higher. Inflation rate was high in 2008 because of the sharp rise in crude oil price," he said.
He added that the opposition must stop trying to undermine Malaysia's economy by spreading fake news and making baseless allegations against the government and the nation's economy itself.
"If foreign investors and industry players believe the opposition, it will be a self-fulfilling prophecy," he added.
All we need are the 'Date-Mate' Scorecards to determine if love is in the air for you.Much like a private club, not every dater is for us.We are the only organization to routinely screen daters we feel may not be a good fit for our clients."Malaysia received RM59bil worth of foreign investment in 2016, an increase of RM23bil from RM36bil recorded in 2015.This shows that there's no economic crisis of confidence as alleged by Lim Guan Eng," he said.