| TOKYO: Tun Dr. Mahathir Mohamad has expressed his gratitude to his Japanese counterpart, Shinzo Abe and governments for their help in easing Malaysia’s financial woes. The Malaysian Prime Minister said Abe and his government has adopted a very positive attitude towards Malaysia’s financial pressures and the actions it had taken. “Prime Minister Abe also assured us that if in future there is a need to seek Japanese support in solving our financial problems, he is ready and the Japanese government is ready to consider,” he said during a joint press conference with Abe here Tuesday. The Malaysian government has extended its appreciation to the Japanese government for the offer to guarantee 200 billion yen (RM7.4 billion) Samurai bonds with a 10-year tenure. In the 2019 Budget presented last Friday, Finance Minister Lim Guan Eng said the offer was made due to the Japanese government’s confidence in the administration and leadership of Dr Mahathir.
Questions: a. Briefly explain Malaysia-Japan economic relationship since 1984 till now. (5 marks) b. “Offer was made due to the Japanese government’s confidence in the administration and leadership of Dr Mahathir”. Discuss. (5 marks) c. Give three economic strategies that Malaysia can learn and adopt from Japan to become a developed nation. (5 marks) |
