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Saturday, January 24, 2015

To reach Vision 2020, Dr M tells Putrajaya to cut spending

Former prime minister Tun Dr Mahathir Mohamad told Putrajaya today that it must focus on important projects only and stop spending unnecessarily if it wanted to achieve Vision 2020. – The Malaysian Insider file pic, January 24, 2015.Former prime minister Tun Dr Mahathir Mohamad told Putrajaya today that it must focus on important projects only and stop spending unnecessarily if it wanted to achieve Vision 2020. – The Malaysian Insider file pic, January 24, 2015.
Putrajaya must be frugal and reduce its spending if it wants Malaysia to be a developed nation by the year 2020, says Tun Dr Mahathir Mohamad.
National news agency Bernama today quoted the former prime minister as saying that if it wanted to achieve Vision 2020, Putrajaya must only prioritise important projects and stop those deemed unnecessary.
"I suggest (that the government) be extra careful in spending. The government should study if what they are spending on now is necessary. A lot of the allocation is not necessary," he said.
Bernama reported that he was commenting on Prime Minister Datuk Seri Najib Razak's recent announcement that Putrajaya would cut its operating expenditure by RM5.5 billion to RM217.94 billion. The number did not include any additional expenditure.
- TMI

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