Malaysia will not slip into full recession next year if the country’s economy is well managed by the government, former prime minister Tun Dr Mahathir Mohamad said today.
He said the impact of the full-blown recession could be eased as the country was linked to the world’s economy only by trade.
“We can offset the full impact of the recession from affecting us as we are linked to the world’s economy only by trade, but we have not invested much in the world’s economy outside the country,” he told reporters after launching the BrandLaureate Awards 2008-2009 at a leading hotel here.
Winners of the awards will be announced on March 31, 2009. The Yang di-Pertuan Agong, Tuanku Mizan Zainal Abidin, will be the guest-of-honour at the award presentation.
tunku : again, we will not slip into FULL recession IF the country's economy is well managed.so najib as the finance minister should not make any mistake and must strive hard to avoid a FULL recession.
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Inilah masa untuk najib membuktikan kebolehannya menguruskan hal ehwal negara. Dia patut bijak mengawal keadaan.
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