KUALA LUMPUR, March 22 (Bernama) — Datuk Seri Najib Tun Razak today said that he had a very good discussion with senior officials of the World Bank this morning.
The Prime Minister said he had shared some of Malaysia’s initiatives and achievements in urban public transportation during the discussion with Chief Economist and Senior Vice President of the World Bank, Dr Paul Romer and World Bank Country Director for South East Asia, Ulrich Zachau.
“I shared with them some of our initiatives and achievements in urban public transportation such as the Mass Rapid Transit (MRT), our efforts in uplifting the livelihood of rural communities and our various projects under the National Transformation Programme,” Najib said in a posting on his official Facebook page.
Najib said the officials had higlighted that many countries faced the challenge of providing housing for the people due to their low fiscal capacity.
“In Malaysia, we are fortunate because our debt to Gross Domestic Product (GDP) remains low and the country has fiscal space to develop various housing projects for low income households, all of which were provided at below cost and market price to the people.
“There is a lot more that we can do and we will do as we aim to improve the quality of lives of Malaysians,” he added.