People need to remain confident of govt efforts to strengthen economy

KUALA LUMPUR: Datuk Seri Najib Tun Razak has called on the people to remain confident of the government’s endeavour as it helps boost its efforts to strengthen the country’s economy.

In his latest posting on his blog, NajibRazak.com, the Prime Minister asserted that the government would strive to further stimulate the country’s economy for the benefit of the people.

He said the strength of the economy of a country could be measured through many aspects, including through foreign direct investment as it attested foreign investors’ confidence in the economy.

“It is not easy to attract foreign investors as many countries around the world are clamouring for them,” he said.

Najib said the Malaysian Investment Development Authority data showed that foreign investment in 2016 increased 63.4 per cent from than of 2015.

“We managed to secure RM59 billion in foreign investment last year from RM36 billion in 2015.

“This brings the total investment last year to RM207.9 billion,” he said, adding that the impressive increase showed foreign investors’ confidence in Malaysia’s economy.

“If foreign investors are confident in Malaysia’s economy, are we as Malaysians have an excuse to deny these facts?” he asked.

In fact, foreign investors’ confidence indicated that government policies in determining the direction of the national economy was on the right track.

“Indirectly, a claim that Malaysia will go bankrupt or Malaysia is a failed state, is a slander and a malicious intent,” he said. — Bernama