Top three blogs

English blogs

Multilingual

Umno, BN

Techs, guide, templates

MPs and Aduns

Latest from Beras Terpilih

News blogs

2008 list

Videos and Photos

Videos courtesy of Hanief

Sunday, February 6, 2011

Malaysia is not ‘going bankrupt’

BATU PAHAT (The Star Online 5/2/11): The Opposition’s claim that the Government is going bankrupt due to its huge deficit is unfair, as a country’s wealth should not be measured in terms of its debt but ability to service it.

MCA president Datuk Seri Dr Chua Soi Lek said that Malaysia’s budget deficit to GDP ratio was 5.4%.

“For countries like Greece, the percentage was 12%,” he said when met at his Chinese New Year open house here yesterday.

He said Prime Minister Datuk Seri Najib Tun Razak had promised to reduce the deficit to 5.2% this year.

Dr Chua further reiterated that Malaysia was not facing bankruptcy due to the strengthening of the ringgit as well as the huge inflow of foreign direct investment into the country last year (More).

2 comments:

tuan director October 7, 2011 at 11:35 AM  

mohon tn link kan blog ini untuk membantu mendapat maklumat kerjaya graduanhttp://kajianpengesanangraduan.blogspot.com/

SEORANG PENOREH GETAH December 9, 2011 at 12:08 PM  

mohon agar blog saya disenaraikan dalam Malaysiakita blog tuan
blog saya http://copyjer.blogspot.com/

Top three blogs

Listed by The Wayang Party Club of Singapore Malaysia Today
Tun Dr Mahathir Mohamad
Lim Kit Siang

English blogs

Multilingual

MPs, Aduns

2008 list

  © Blogger template 'Perfection' by Ourblogtemplates.com 2008

Back to TOP