Najib Razak says the economy was far worse when he succeeded Abdullah Ahmad Badawi than when Dr Mahathir Mohamad became PM after GE14. FMTNews
Former prime minister Najib Razak says PH must take responsibility for the current state of the economy.
Recently, Mahathir said in an interview with Indonesian media that the burden of his responsibility as prime minister was three times heavier than during his first stint as premier three decades ago. He said the country was hit by the world’s worst economic crisis since the 1930s with inflation in 2008 standing at 5.5%.
“The country’s debt at the end of 2008 had reached RM306 billion, 14 times higher compared to the RM23 billion when he became the 4th PM.” Najib said that when Mahathir took over after the 14th general election , there was no global economic crisis, with the GDP for 2017 rising 5.9% and exports increasing 18.9%.
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