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Thursday, December 22, 2016

Rafizi does not know how to count, says finance minister II



PKR vice-president Rafizi Ramli, who is a chartered accountant, does not know how to count, according to Finance Minister II Johari Abdul Gani.
Johari said this in response to the Pandan MP's insistence that the cost for the ongoing Mass Rapid Transit (MRT) project has ballooned.
"He does not know how to count.
"In actual fact, he does not know how to count," Johari told reporters this in Bukit Jalil today when quizzed on the issue.
"People say (the cost is) RM21 billion from Sungai Buloh to Kajang.
"He counted RM21 billion from Sungai Buloh to Semantan. RM21 billion is from Sungai Buloh to Kajang," he added.
Johari said this when asked on Rafizi's challenge to Prime Minister Najib Abdul Razak to sue him if he was wrong about the cost that the entire MRT project was expected to exceed RM100 billion.
Najib had, during the launch of the first phase of the MRT between Sungai Buloh and Semantan last Thursday, announced that the MRT project costs RM21 billion, compared with the targeted cost of RM23 billion in the initial stage.
However, Rafizi claimed on Saturday that this announcement only confirmed his earlier fears that the cost of the whole MRT project would exceed RM100 billion.
'Little impact from Petronas reduced output'
Johari also downplayed impacts from a decision by Malaysia's state oil firm Petroliam Nasional Bhd to reduce its output of crude oil by up to 20,000 barrels a day next year.

"If (reduced by) 20,000 barrels, now Petronas' output is almost 500,000 barrel.
"A 10 percent reduction is 50,000 so most likely it (20,000 reduction) is less than five  percent (of the total output)," he said.
Petronas announced that its decision was made in line with a recent agreement between Organisation of the Petroleum Exporting Countries (Opec) and non-Opec producers to reduce global supply.
Johari noted that the agreement would help to increase global oil prices, and as such, Petronas' reduced output would be compensated with the price.
"So, maybe we will not really see the impact (of reduced output)," he said.- Mkini

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