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PM: Malaysian debt reaching 1 trillion

EunoiaJAYCEE

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PUTRAJAYA: Malaysia's debt has reached an alarming one trillion ringgit, Prime Minister Tun Dr Mahathir Mohamad said. He said important measures must be taken for the nation to quickly recover from the situation. He pointed out that the country only used to have debts of around RM300 billion when he was the prime minister previously. "But now, our debts have reached more than one trillion and we need to solve this," he said at the monthly assembly with the civil servants under the Prime Minister's Department.

Dr Mahathir said many changes needed to be made but he was confident that it could be done with the help of civil servants. "We are confident that we can overcome the challenged but we need civil servants who are efficient and trustworthy to achieve this changes. "As administrators, one must put the rule of law above all else and those tasked to carry out their duties must help to clean things up so that Malaysia can be on the road of recovery. All of us must work together to achieve this,” he said.

He said possible changes were being thoroughly studied but it was too soon to disclose what they were. Dr Mahathir said he wanted undivided support of the civil servants to get Malaysia back on the right track of economic recovery. "It won't take too long for the country to recover and be respected once again, if all of us work together,” he said.

© New Straits Times Press (M) Bhd
 
I think while they are scrapping the GST, they are bringing back some other form of tax right?
 
If S500B is wet2 water to m'sians, jib-kor will still be the PM now....
 
no worry, anwar got every reason now to increase water price to singapore... the 4D ministars super howlian, can fleece them n strike 1st prize every week
 
You oppie fucktards will suck any oppie dick even if the national debt reached 10 trillion dollars.

Thank god for rational voters like sinkies who vote for a party that will safeguard the reserves and practice fiscal prudence.
 
we cannot even manage our GIC, TH, CPF. ..

Kindly refrain from making defamatory statements. CPF has proven itself to be run properly after winning a defamatory lawsuit against a local faggot called Roy who has now fled into self-imposed exile.
 
Kindly refrain from making defamatory statements. CPF has proven itself to be run properly after winning a defamatory lawsuit against a local faggot called Roy who has now fled into self-imposed exile.

hello ....you still haven't chop ...
 
Kindly refrain from making defamatory statements. CPF has proven itself to be run properly after winning a defamatory lawsuit against a local faggot called Roy who has now fled into self-imposed exile.

hello ....you still haven't chop ...
 
old horse message to m'sia is also his words to sinkies…. better wake up before all is gone..
 
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