Dr M: It’ll take 2 years to set foundations for Malaysia’s recovery

Dr M: It’ll take 2 years to set foundations for Malaysia’s recovery

The prime minister says Malaysia is now a 'half-dead' tiger but is optimistic the country will get back on its feet soon.

Prime Minister Dr Mahathir Mohamad told a group of Malaysians in Bangkok that he has faith in the new Cabinet line-up. (Bernama pic)
BANGKOK:
Dr Mahathir Mohamad believes the new government can set the foundations for the country’s economic recovery in two years’ time and pave the way for the country’s revival as an Asian Tiger.

Addressing a group of Malaysians, the prime minister noted that the rehabilitation of the country was going well.

“However, a full recovery may take many, many years, but I hope within a year or two we can set the foundations,” he said.

Describing Malaysia today as a half-dead tiger, Mahathir, however, remained optimistic that the country would be able to get back to its glory days.

He also said he had faith in the new Cabinet line-up even though some of the ministers had admitted to him that they were a little nervous in taking up their new responsibilities.

“But I do hope that over time, our government will be able to handle all the problems faced by the country. With regards to the administrative machinery, I think we are getting there already, although they are new, they are catching up very fast. I have faith in their ability to do well as ministers in the new government,” he said.

Mahathir said the first problem the new government needed to tackle was to settle the debt of more than RM1 trillion left behind by the previous government.

“We never heard the word trillion before, but now it’s a common word, it’s the amount of money owed by the government that we have to pay, it is difficult to come up with that amount of money.

“Yes, we have some funds, Harapan Fund, the public can donate, but we don’t want to be seen as accepting gifts from people because this government is very serious in combating corruption in the government,” he added.

Mahathir is on a two-day official visit to Thailand.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.