Calling the budget an election gimmick Najib failed to find ways to increase the nation’s revenue base in Budget 2012. “And with our commodity prices falling, obviously we are going to continue borrowing money to finance this budget,” Currently, the nation’s debt stood at RM456 billion, which is 53.8% of the nation’s Gross Domestic Product (GDP). “And despite the huge amount of debt, we are still borrowing like there is no tomorrow. The fact is, our future generation will be shouldering the responsibility to pay off our dues,”
Calling the budget an election gimmick Najib failed to find ways to increase the nation’s revenue base in Budget 2012.
ReplyDelete“And with our commodity prices falling, obviously we are going to continue borrowing money to finance this budget,”
Currently, the nation’s debt stood at RM456 billion, which is 53.8% of the nation’s Gross Domestic Product (GDP).
“And despite the huge amount of debt, we are still borrowing like there is no tomorrow. The fact is, our future generation will be shouldering the responsibility to pay off our dues,”