Is Malaysia Really Going Bankrupt?
Earlier, Opposition leader Anwar Ibrahim has claimed that Malaysia has gone bankrupt under the leadership of the Barisan Nasional government. Just recently, Deputy Prime Minister Muhyiddin Yassin has denied that claim, calling it 'a big lie'. So which is it, are we bankrupt or are we not?
By Esther Chung — 23 Jan 2013, 12:22 PM — Updated almost 11 years ago
Why we are NOT bankrupt
The Government is not in dire financial straits right now. By all measures its finances are good, but as in any situation involving finances, this is not to say it cannot be better.
thestar.com.myThe 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.
The World Bank which reported that Malaysia was 12th best in the world in terms of doing business.
"Malaysian is not bankrupt. Our economy is better than that of some European countries," said DPM.
nst.com.my
Muhyiddin: Malaysia is not bankrupt!
"Sama ada beliau (Anwar) tidak mengetahui bagaimana analisis dilakukan oleh badan-badan antarabangsa atau sengaja menolak hakikat sebenar," kata Muhyiddin.
sinarharian.com.myMalaysia is not bankrupt but is cash rich with a record collection of RM125bil in taxes last year, Deputy Prime Minister Tan Sri Muhyiddin Yassin said.
thestar.com.my
Deputy Prime Minister said the bankrupt claim was a big lie by Anwar when the country when the country had sufficient funds and resources.
bernama.com
Why the country IS bankrupt
Government paid more than RM6,000 per notebook vs per market price of less than RM3,000 through some new consortiums that was setup just to transact the notebook deal.
gempak.orgHampir 80% daripadanya atau RM860 bilion ialah berikutan penyalahtentuan urus niaga oleh syarikat-syarikat Malaysia.
The Global Financial Integrity said in its report that from 2001 to 2010 a massive RM860 billion have flowed out illegally from Malaysia.
bernama.com
The answers are, Malaysia will go bankrupt and it may come sooner than 2019 unless the leaders get their act together.
wordpress.com
The federal debt rose 10.1% to a new high of RM502.4 billion or 53.7% of the GDP this year. That is only 1.3% short of the 55% legislated debt ceiling.
If not for an unbudgeted increase in revenue by RM21 billion, based on the Government’s expenditure in 2012, our deficit would have increased to 6.7%.
blogspot.com
Anwar: the country has gone bankrupt!
Opposition leader Datuk Seri Anwar Ibrahim claimed that the government under Barisan Nasional has gone bankrupt, as carried by YouTube.