Dr M: Govt to sell assets to help pay off debts

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PETALING JAYA: The government is looking at raising funds by selling some of its assets to help get the country’s financial situation back on track, says the Prime Minister.

Tun Dr Mahathir Mohamad said one way to do so was to sell non-essential properties locally and abroad that can fetch good prices.

The premier also said he did not think that the properties that could be sold would include those in Johor’s Iskandar region. Apart from selling off assets, Dr Mahathir also said that Putrajaya has postponed the Kuala Lumpur-Singapore High Speed Rail Link and cancelled other projects that “were not immediately necessary” at the moment.

“Between states, some states are very rich, some states are very poor. That also we need to make corrections. However, problems arise when such opportunities are given to people who are unable to manage them, he said. Asked on how to overcome the issue, Dr Mahathir said one way is to train Malaysians, especially students in management, to avoid mistakes.“It is an educational issue because, in schools, we don’t train people on how to manage things.

 

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Put all corrupt politicians on trials and seize their assets. That would be enough to pay off the national debts, hopefully.

yeah rite..repeat the same excuse until age 100 years old chedetofficial. 😠

Duit yg banyak ni sapa dah ambik yek?

All minister please pin this statement for 5 year. Easier

Same old same old lame excuse

Sold assets to help pay off debts but the debts keep increasing. Kesian pengundi PH kne kencing.

Damn you, old man

Which debt again? Maminco or is it forex?

kwsp ke?

All your family assets also belongs to Malaysian...

Sell more and give more to your own kind especially the gov servants, pensioners etc......M'sia will always be in this position forever until the last day!

bayar utang my ass. bgi kaya raya keturunan hatok la pa lagi😂😂😂

Demmmm... kita semua kena tipu..!!!!

Bad ideas for short term basis...🤔

previously with the same reason for the money from the bond...

Now reality is kickin in...I wandered why there was no news on1MDB hutang being settle..It was all about initiatives.. Yes time to get rid of non performing assests.. ministers..High govt officials..Anything burdening to countries financial status..Yes PH inherited from BN..

The people are getting bored of the same narrative being used over and over again. Certainly people didn’t vote PH for this broken record to played.

Debt stands at 799bil. 112bil added within only 1 year. By pru15 there will be no more assets left, mountain of debt to settle. Depressing times ahead.

Care to postpone or delay ECRL madness ? to a time when the country can truly afford such under utilised mega infrastructure ? Stop the wants and bite the bullet . Go with the needs. Don't borrow from Samurai, to pay the Panda

Heads up cronies and nepotists!

This is really insulting. Do he think Malaysians are really THAT stupid?

TH ?Felda ?Mas? and All those GLCs ? Assets !!!

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