Najib says economy won’t recover, contracting under Pakatan

Diyana Ibrahim Diyana Ibrahim Updated 6 years ago · Published on 11 Oct 2019 8:24PM · 3 Comments

Former prime minister Najib Razak is sceptical that the 4.8% economic growth projected by the Pakatan government can be achieved. – The Malaysian Insight pic by Afif Abd Halim, October 11, 2019.

MALAYSIA’S economy will not recover next year if its growth rate is 4.8%, said Najib Razak.

The former prime minister said Putrajaya’s projection showed the economy contracting from when Barisan Nasional was in power.

Growth in 2017 stood at 5.9%, he said.

Najib, who also held the finance portfolio, said the nation’s economic objectives will likely not be achieved under Budget 2020.

“The reality is that the economy will not grow, and the 4.8% may not be achieved,” he told reporters at the Parliament lobby today.

He was referring to the Finance Ministry’s 2020 Economic Outlook Report, which forecast an expansion of 4.8% next year. – October 11, 2019.

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Comments

  • #podahpund.....

    Posted 6 years ago by Francis Anthony · Reply

  • Thanks Jibby for your "great" performance in 1mdb and the board of ministries in "utilizing" the funds for the greater benefits for rakyat.

    Posted 6 years ago by Chong Choong Kian · Reply

  • Hard earned tax payers monies used to repay unproductive loans taken by corrupted politicians. God, please punish them and make them pay dearly

    Posted 6 years ago by Concerned Citizen · Reply