Muhammad Faiz Na’aman said while an Emergency will have an impact on the economy, it should not be seen only from a negative perspective as investors prioritise political stability and security.

“This would be a temporary move to calm a conflict or crisis,” he said, alluding to speculation over a declaration of Emergency.

Faiz also hit out at Selangor Barisan Nasional information chief Isham Jalil who called on Prime Minister Muhyiddin Yassin to resign to give the Yang di-Pertuan Agong room to decide how best to resolve the political crisis in the country.

“The Agong appointed Muhyiddin as the country’s 8th prime minister. So it is appropriate for the prime minister to carry on so long as it is in line with the Federal Constitution.”

He said the call for Muhyiddin to resign at a time the country needed leadership to tackle the Covid-19 crisis was “irresponsible, opportunistic and a betrayal” of the trust that the King had in Muhyiddin.

Faiz described calls for Muhyiddin to resign and a change in government, be it through an election or vote of no confidence, as the desperate acts of power-hungry people.

“Don’t claim to support the Perikatan Nasional on the pretext of a political ceasefire but make remarks which echo those of the opposition that endlessly politicises all issues.”

Previously, Umno president Ahmad Zahid Hamidi had declared a political ceasefire and reiterated the party’s support for the Perikatan Nasional-led government amid strained ties between Umno and PPBM.