Malaysia's new Prime Minister Mahathir Mohamad said Wednesday the government will set up a trust fund to let the public contribute to easing the country's huge national debt.

Mahathir's government last week revealed that the national debt and liabilities exceed $250.6 billion or 80% of Malaysia's gross domestic product, after taking into account government guarantees and other payments.

It has blamed economic mismanagement and corruption under former scandal-tainted leader Najib Razak and the long-ruling coalition that was ousted by a surprise defeat in a May 9 national election.

"There are many Malaysians who were willing to donate to the government when they found out how bad our country's financial situation is. We welcome their patriotic stand," Mahathir said Wednesday.

The finance ministry said in a statement that the "Malaysia Hope Fund" will provide a systematic and transparent platform to manage all public donations.

Source:
http://nairaplus.com/2018/06/citizens-to-contribute-to-pay-off-malaysias-251bn-national-debt/

Try this here and the next story will be...
...something swallowed the FUND

Interesting.

System way they work, buhari give us before way him wan take?

The citizens have become the burden bearer. That's what happens when a nation borrows frivolously, the citizenry bears the burden either directly or indirectly.

I just hope this doesn't happen to our country with the way our government goes on borrowing spree.

For a country to prosper, it will be a collective responsibility of her citizen.

Issokay

Dont try this in my country because lizard will swallow the funds.

that’s what we call community effort

What a nonsense talk; tomorrow, Nigeria government will now borrow trillions of dollar to import Brazilian grass to feed FGN cows and expect us citizens to pay for their cluelessness. Rubbish...

Nationalize all the wealth of every previous political office holder and senior civil servants who are wealthy beyond their salary, gratuity and pension.


The proletariat should never have to pay debts accrued by the vain bourgeoisie.

It is either this old man lacks the courage to do what is right, or he is clueless on what is practical.

Omo see wahala ooohhh

I think it's high time Nigeria government said the truth too, if na too contribute ni, no Walhalla....


















but

awon ejo yen no ni problem.

I have been seeing innovations around the world, especially from China recently. Our Nigeria Government sees these news & flip the pages very fast.

But you see these kind of news coming from Malaysia.
Don't doubt there is an emergency meeting going on right now.

hope this wil not happen in 9ja becos i cnt pay anything ooo

OceanmorganTrix:

Try this here and the next story will be...
...something swallowed the FUND

Buhari needs to explain where his son got the money for a powerbike before asking me to contribute to pay Nigeria's debt.

I'm sure he himself won't try it.

Too bad!

All present and past Nigerian leaders will clear Nigerian debt 1 million times

If only they could return all the stolen funds

queensera:
Malaysia's new Prime Minister Mahathir Mohamad said Wednesday the government will set up a trust fund to let the public contribute to easing the country's huge national debt.

Mahathir's government last week revealed that the national debt and liabilities exceed $250.6 billion or 80% of Malaysia's gross domestic product, after taking into account government guarantees and other payments.

It has blamed economic mismanagement and corruption under former scandal-tainted leader Najib Razak and the long-ruling coalition that was ousted by a surprise defeat in a May 9 national election.

"There are many Malaysians who were willing to donate to the government when they found out how bad our country's financial situation is. We welcome their patriotic stand," Mahathir said Wednesday.

The finance ministry said in a statement that the "Malaysia Hope Fund" will provide a systematic and transparent platform to manage all public donations.

Source:
http://nairaplus.com/2018/06/citizens-to-contribute-to-pay-off-malaysias-251bn-national-debt/

Even in recession Nigerian govt is ready TO STEAL FROM ITS CITIZENS

You try this here, nxt u go hear be say alligator don swallow d money

I hope Aregbesola is observing this.

With 16 trillion debt in 3 years, by the time PMB finish with us, this will be our case

anibirelawal:
For a country to prosper, it will be a collective responsibility of her citizen.

Change begins with the leader. If the president FAILS to carry the people along, but promotes nepotism, sectionalism, sectarianism, propaganda, clannish disposition and religion/ethnic bias, then he can't expect such followership from the followers.

Have you ever asked yourself, Mr Yoruba Muslim, why buhari's followership has reduced drastically compared to 2015?

Ok

flames01:




Change begins with the leader. If the president FAILS to carry the people along, but promotes nepotism, sectionalism, sectarianism, propaganda, clannish disposition and religion/ethnic bias, then he can't expect such followership from the followers.

Have you ever asked yourself, Mr Yoruba Muslim, why buhari's followership has reduced drastically compared to 2015?

Because Buhary himself is a FRAUD.

Australia or. Malaysia, which is the best

CodeTemplar:
I hope Aregbesola is observing this.

na Today? Naija States Dey Borrow More Than That. Any State Or Fg Official That Will Come Up With That Idea Of Citizen To Donate Or Forcefully Contribute Pay Back All These Bad Loans They Are Borrowing Will Delete Before Airing It. They Borrow Without Anything On Ground To Show For It. Instead You See Their Children Living Big On Our Commonwealth.

SuperWorld:
I think it's high time Nigeria government said the truth too, if na too contribute ni, no Walhalla....



















but

awon ejo yen no ni problem.

Buhari must explain how his son got 56 million naira bike first before asking me to contribute a dime.

As of today m, Nigeria is owing approximate #18tr.

Our population is 180million

This means each Nigerian is owing over #1million.

This means even a day old child that doesn't have access to good health care is also owing #1million.

You can't tell me that baby has been provided a service of #1million.

The government is raping us.

flames01:


Buhari must explain how his son got 56 million naira bike first before asking me to contribute a dime.

stale already .
Find another line

Good and original thinking.

Africa will be developed by ideas generated in Africa and not all the cut and paste that our generation of leaders have been known for.

I wish we have some kind of good thinking here in Nigeria and less of the IMF pills that always end up killing our economy.