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Efficiency the key to budget stimulus success, says Najib

By Wednesday March 18th, 2009 No Comments

KUALA LUMPUR: The risk in dealing with the still-evolving global crisis is if the Government is not doing enough, says Finance Minister Datuk Seri Najib Tun Razak.

With the announcement of a historic second stimulus of RM60bil, the biggest amount in the nation’s history, the Deputy Prime Minister added that it was not a matter of “doing too much” but rather the efficient implementation of the stimulus package.

Najib said a technical committee had been set up to regularly meet and monitor the implementation. This committee would then report to a steering committee chaired by him.

“I will then report to the ultimate beneficiaries of the effort, the Malaysian people.

“They are the appropriate judges of the mini budget’s success,” he said in a letter to The Wall Street Journal, which was published yesterday.

Najib said he was confident the world would recover from the global crisis and Malaysia would be best positioned to take advantage of that recovery when normal trade levels resumed.

Source : The Star

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