• Malaysia On Right Track With Its Economic Model

    Published: Monday, 15 January 2018
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    KUALA LUMPUR: Stimulus measures taken by Saudi Arabia, similar to what Malaysia has introduced, indicates the nation is on the right track with its economic model, Prime Minister Datuk Seri Najib Razak said.

    Saudi Arabia recently introduced Goods and Service Tax (GST) and an aid similar to 1Malaysia People's Aid (BR1M) called the "Citizen's Account", Najib said and pointed out these were similar to Malaysia's ecoomic model.

    “When it comes to Malaysia, we always hear about people complaining about GST. However you do not hear Malaysians complaining about paying GST when they travel to Saudi Arabia," he said in his speech at the Police Pensioners Assembly here.

    “The situation is similar with petrol price. When the petrol price increases just three cents, Malaysians tend to complain easily. In Saudi Arabia, the petrol price increases 126 per cent overnight,” said Najib.

    “As a government, we need to have a vision. There is no such thing as instant gratification. We need to take the interest of nation and religion into consideration for everything we do,” said Najib.-NST

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