We thank God for releasing Anwar Ibrahim.

Indeed, the independence and integrity of our judiciary has been largely redeemed. This post- Mahathir landmark event has certainly put the democratic process in this country on a much firmer and blissful ground.

This coupled with an enhanced level of transparency as advocated by Pak Lah will put Malaysia back on top as a primary example of how an emerging economy should be managed.

There is no reason why the international community should not give Malaysia a vote of endorsement and reward for making such a tremendous progress within such a short time.

The economic fundamentals of the Malaysian economy continue to improve with the GDP registering almost a seven percent growth and the government showing its strong commitment to balance the six-year running deficit.

What remains for us to see now is the forthcoming 2005 budget which will be tabled on Sept 10. The salient issues to watch include how the government will posture the budget to reconcile the many conflicting objectives in meeting current needs and challenges.

The government will need to give more emphasis towards developing the neglected sectors of the economy as well as deal with the implications of the increase in the price of petroleum.

Let us give the leadership a pat on the back and let us look forward to a good 2005 budget. Hopefully the stock market will pick up steam again with the Composite Index exceeding the 950 level before the month's end!