Umno Youth leader shows the proof Mahathir is asking for
Umno Youth deputy chief Shahril Sufian Hamdan today answered a challenge by Prime Minister Tun Dr. Mahathir Mohamad by proving that the country’s debt during his first reign from 1981 to 2003 was higher than the most recent under Datuk Seri Najib Razak.
The Mole
Shahril pointed on his Facebook wall that Mahathir’s claim, in parliament today, that the country’s debt-to-GDP (gross domestic product) percentage in the 1980s and 1990s stood only at 27 per cent, was misleading.
“His 22 years as prime minister was from 1981 to 2003. The lowest debt-to-GDP ratio was in 1997, which was at 31.9 per cent.
“Meanwhile, the highest was in 1986, at 103.4 per cent. This was in fact the highest since Malaysia was formed in 1963,” wrote Shahril, who included statistics from the Ministry of Finance.
