Najib: Distinguish political narrative from fact - Nation - News Summed Up

Najib: Distinguish political narrative from fact - Nation


PETALING JAYA: Embattled former prime minister Datuk Seri Najib Tun Razak (pic) has reminded the Pakatan Harapan government to make a clear distinction between political narrative and fact, following claims that Malaysia's debt is now above RM1tril. According to Najib, the Bursa Malaysia index fell 40.78 points or 2.21% on Wednesday (May 24), while the Indonesian stock index saw an increase of 0.71%. Najib said that such falls in the stock market would adversely impact funds such as the Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB). Najib said that such remarks could also result in large capital outflows from foreign investors, which will cause the ringgit to weaken as a result. "Words spoken while in such positions of power result in actual losses to the country and the people, as was proven today in the stock market.


Source: The Star May 23, 2018 16:32 UTC



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