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Najib: Harapan's promises will bring national debt to almost RM1 trillion

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Pakatan Harapan's promises to abolish all tolls and GST if it captured Putrajaya will cause Malaysia's national debt level to increase to almost RM1 trillion, Prime Minister Najib Abdul Razak said in his address to youths in Perlis this morning.
Najib said the figure was based on projected losses of revenue from GST and highway tolls abolishment in addition to the country's existing debts.
He said this in reference to a recent statement by Finance Ministry secretary-general Irwan Serigar Abdullah that Malaysia will lose RM416.6 billion in revenue if the GST, the National Higher Education Fund Corp (PTPTN) loans, tolls and excise duty were all abolished.
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