ONLY NATIONS ON VERGE OF BANKRUPTCY CAN BORROW FROM IMF – RAFIZI


NIBONG TEBAL: Economy Minister Rafizi Ramli has slammed the opposition over statements linking the government’s implementation of targeted diesel subsidies to borrowing from the International Monetary Fund (IMF).

Rafizi, who is also PKR deputy president, said there is no question of IMF loans because only countries on the verge of bankruptcy would receive such financial assistance.

“You cannot go to the IMF if you can pay your debts. Is Malaysia going bankrupt now, do we not have money to pay our debts? The question of IMF does not arise, even if someone crazy wants to borrow from the IMF, the IMF would say you are crazy.

“You cannot borrow from IMF if you still have money. Only countries on the brink of bankruptcy can go to the IMF,” he said during a speech at a Unity Government rally in conjunction with the Sungai Bakap state by-election in Taman Tasek Indah, Simpang Ampat last night.

He said this in response to a question posed by Perikatan Nasional (PN) chairman Tan Sri Muhyiddin Yassin during a PN me
ga ceramah in Sungai Bakap on Friday, who asked whether the implementation of targeted diesel subsidies was related to an IMF loan.

The Sungai Bakap by-election on July 6 sees a straight fight between Pakatan Harapan candidate Dr Joohari Ariffin and PN’s Abidin Ismail. It is being held following the death of the incumbent, Nor Zamri Latiff, on May 24, due to stomach inflammation.

Source: BERNAMA News Agency

  • malaysiang

    Related Posts

    Only Slander, Hatred, Wishful Thinking Served At PAS Muktamar – Saifuddin Nasution

    PUTRAJAYA, Only elements of slander, hatred and wishful thinking were served by PAS leaders in their speeches and resolutions throughout the five days of the 70th PAS Muktamar (assembly) which ended last Sunday, said Home Minister Datuk Seri Saifuddi…

    Rejection Of MOU Proves PN Still Sticks To Old, Non-Progressive Political Approach – PKR MP

    KUALA LUMPUR, Perikatan Nasional’s (PN) rejection of the Unity Government-proposed memorandum of understanding (MoU) on opposition allocation proves that the party still wants to stick to the old, non-progressive political approach, Batu Pahat Member…