PETALING JAYA: Former premier Datuk Seri Najib Tun Razak has hit out at the new administration for its statements on federal government debt via a sarcasm-laced Facebook post on Friday (May 25). “Now that the truth is revealed about this ‘RM1 trillion national debt’, we congratulate the new government for unnecessarily spooking the market which has led to sharp falls of our stock exchange this week," said Najib. He said this is 50.8% of the Gross Domestic Product, and not 65% or RM1 trillion as previously claimed. “The previous Barisan government has been transparent and had never hidden these figures revealed by the Finance Minister. All these figures are published in Treasury Reports, BNM reports, Accountant General reports, Auditor General Reports every year without fail,” said Najib.

Source: The Star May 25, 2018 11:03 UTC