Dr M seeks Beijing's understanding over Malaysia's fiscal problems


BEIJING: Prime Minister Tun Dr Mahathir Mohamad on Monday asked Beijing to be more sympathetic with regard to Malaysia's current fiscal issues.

The Malaysian prime minister was hopeful that China would understand the situation and would be able to help resolve it.

“We hope that China understands our problem and would be sympathetic in regard to our internal fiscal problems,” he said at a joint press conference with his Chinese counterpart, Premier Li Keqiang, following their bilateral meeting here.

Dr Mahathir is on a five-day official visit to China. “Help us to resolve some of our fiscal problems,” said Dr Mahathir.

The new Malaysian government under Pakatan Harapan, which Dr Mahathir leads, is currently facing a debt of about RM1 trillion due to the alleged mismanagement of the country’s finances by the previous government.

Dr Mahathir said Malaysia-China bilateral ties needed to be further strengthened.

He said China’s innovation and technological advancement could contribute to the development of Malaysia.

Li, meanwhile, said there was a need to boost the good bilateral ties to a new level through the opening up of new areas and dimensions in cooperation. -- Bernama © New Straits Times Press (M) Bhd