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| YAB PM |
Datuk Seri Najib Razak said today he feared that Malaysia could go
the way of some European countries and plunge into bankruptcy if it gave
away everything free as promised in the election manifesto of the
opposition pact. The prime minister said the country would be eventually at the mercy
of the International Monetary Fund (IMF) and would have to beg for
assistance.
The manifesto of the opposition pact was baseless and was drawn up
purely to garner the people’s support in this general election, Najib said when addressing the people at the Ranau community hall, here.
Polling is on May 5. The manifesto had promised, among other things, free education and
the lowering of fuel prices.
“The opposition pact has made all kinds of promises, but is there
anything free in the world? Nothing’s free in this world. Like the
Europeans say, there is no such thing as a free lunch.
“Why did some European countries become bankrupt? It’s because they
did not manage (their economies) well. They imposed high taxes, gave no
incentives. Then there is the black economy, taxes were not paid, in the
end the economy crumbled. “If this can happen to European countries, it is not impossible for
it to happen to our country. It can happen to Malaysia, if we implement
all that is promised in the manifesto of the opposition pact,” he said.
Najib said Finance Ministry officers had calculated that if the
opposition manifesto was implemented, the country would have to borrow
money for salaries and subsidies within a year. “If we have to borrow money for salaries and subsidies, it means we
are going to become bankrupt. However, if we use the national revenue to
build schools and make available the infrastructure for investment and
for the comfort of the people, we will drive the economy further and
bring more prosperity to the people,” he said.
Najib said Malaysia under the administration of the BN government was
well managed, so much so that the national economic growth registered
5.6 per cent last year. “We are among the countries well advanced in terms of the economy.
Under the BN administration, I must admit that the Sabah BN government
led by Datuk Seri Musa Aman had recorded achievements, among them the
biggest budget and reserves.
“In this way, we find that the country continues to progress. When
there is progress, we will return the wealth to the people, by way of
the 1Malaysia People’s Aid (BR1M), 1 and 2,” he said. Najib gave the assurance that BR1M 3 would be better than BR1M 2 and
so on, with the sum rising in stages. “In this way, our economy will grow, the people will be happy and
when they are happy, they will give their undivided support to the BN,”
he said.
As such, Najib wanted the people of Sabah to reject the opposition,
which he said only made empty promises, and give strong backing to the
BN.
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