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South Korea turns into an economic powerhouse after submitted to IMF....Malaysia missed the golden opportunity to reform and transform like S. Korea

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If Anwar succeeded to overthrow Mahathir is 90s, Malaysia today is a total different Malaysia. Malaysia will be another South Korea after a painful economy reformation process chaired by IMF.

As a saying, “no pain, no gain”. South Korea has proved “given up” sovereignty to the International Monetary Fund is A RIGHT DECISION.

Anwar was ready to give up our sovereignty to IMF, says Najib

By RUBEN SARIO

KENINGAU: Datuk Seri Najib Tun Razak said that Datuk Seri Anwar Ibrahim as Finance Minister was ready to give up Malaysia’s sovereignty to the International Monetary Fund during the 1997 financial crisis.

“The nation was fortunate that our Prime Minister then, Tun Dr Mahathir Mohamad, was able to craft our own formulas to pull the country out of the crisis.

“I know this because I was also a member of the Cabinet then,” he added when launching the RM30mil Sabah Handicraft Centre here at the start of his two-day visit to the state.

The Prime Minister said that Anwar as a senior member of the Cabinet was bereft of ideas.

“Now all that he does is level all sorts of criticism against Barisan Nasional,” he […]