Debt not a bane, all countries have debt, says Bersatu lawmaker | Malay Mail

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Debt not a bane, all countries have debt, says Bersatu lawmaker

Jeli MP Datuk Seri Mustapha Mohamed speaks to reporters at Parliament in Kuala Lumpur July 17, 2019. ― Picture by Hari Anggara

“Debt is normal, other countries like the US also have debts. It’s not a bad thing. If we want to do business, we have to be in debt otherwise there will be no banks. This would also enhance the economic growth. He said among the recommendations were the tabling of the committee’s report in Parliament, to set a ceiling rate for the country’s debt, to observe the financial ratios closely, such as the deficit and gross domestic product ratio, as well as to make comparisons with other countries, such as Asean nations.

The Jeli MP said among the ratios that need to be observed closely is the percentage of servicing the debt.

 

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Mustapa_Mohamed Fuck off lah. We don't need those who willingly worked with the Klepto PM and kept silent while DEBT shot up to RM1 TRILLION and 1MDB/SRC, Felda, FGVH, Tabung Hj etc. were looted by Umnoputras, to advice us on the 'bane of debt'. Have you no shame?

Omg! Do u understand wat u just said? R u tat stupid?

wah...KJ dah berdiri di belakang Bersatu.....letih jd pembangkang ker?

This is a special stupid lawmaker from Bersatu It’s like saying it’s alright to get cancer because people from all countries got it. smh

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