Najib: We will be able to withstand global economic crisis: “By Shannon Teoh, The Malaysian Insider
He said economic buffers were in place to withstand external shocks from the global economy.
Najib, who is also Finanace Minister, said the country’s international reserves stood at US$119 billion.
‘The national surplus is large and FDI was significant at US$31 billion in the first half of the year,’ he said.
The meltdown on Wall Street yesterday saw the Dow Jones industrials index plummet 777 points – the worst share plunge in history.”