Malaysia Views

A government minister this week had predicted Malaysia could be bankrupt by 2019 if it does not begin to cut subsidies for petrol, electricity, food and other staples, which cost RM74 billion last year. But the Najib administration is waiting for public feedback before deciding on actual cuts.

“Remember Vision 2020? We were supposed to become a developed nation by 2020 but unfortunately one year before 2020, we are already bankrupt,”