Malaysia

Muhyiddin refutes Anwar’s claim that Malaysia has gone bankrupt

MALACCA, Jan 22 – Deputy Prime Minister Tan Sri Muhyiddin Yassin today refuted opposition leader Datuk Seri Anwar Ibrahim’s claim that the government under Barisan Nasional has gone bankrupt, as carried by YouTube.

He said the bankrupt claim was a big lie by Anwar when the country had sufficient funds and resources, and recognised by international bodies as a role model in the economic and business spheres.

“It’s either he (Anwar) does not know the analyses done by the international bodies or he deliberately dismissed the facts (on the country’s economy),” Muhyiddin said in his speech at a gathering with federal and state civil servants at the Melaka International Trade Centre hall, here.

It was attended by about 10,000 people including Chief Minister Datuk Seri Mohd Ali Rustam in conjunction with Muhyiddin’s one-day visit to Melaka.

He said Prime Minister Datuk Seri Najib Tun Razak recently announced that the RM125 billion in revenue collected by the Inland Revenue Board last year was the biggest amount in the nation’s history.

“We are not in the position like that of some European countries such as Greece and Portugal which lack funds in managing their economy to the point of them having huge amounts of debts,” he said.

Muhyiddin said the recent international recognition for Malaysia’s sound management of its economy included from the World Bank which reported that Malaysia was 12th best in the world in terms of doing business, up six steps from its 18th position previously.

“In fact, we are in a better position than some developed countries like Sweden (13th), Taiwan (16) and Germany (20th), according to the World Bank Report,” he said.

On civil servants, Muhyiddin said the challenges they faced included assisting the government compete in the economic and business sector, and as an exporting country.

“We have tasks and mission at the international, state and district levels in assisting the public and private sectors.

“Our determination and hard work will help propel this country to achieving developed-nation status by 2020,” he said. – Bernama

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