Malaysia was hit by the global recession and 2009 was a difficult year for many of us. More jobs were lost and more people were left unemployed than at any time in our nation's history.There are some indications that the economic situation is improving in 2010 but I released a statement today urging people not to be misled by a few statistics. To say that the “the worst is over” is not only premature but irresponsible. READ MY STATEMENT HERE
For 10 years the government has spent more money than it has made. In fact increasing government expenditure has been the defining element of Malaysia's economic policy during this period.
