They are best known for accumulating debt. Our external debt had increased to RM848.24 billion in the second quarter of 2016 from RM809.09 billion in the first quarter of 2016. This is mind boggling considering that external debt averaged only RM186.05 billion from 1990 to 2016, reaching an all time high of RM852.86 billion in the third quarter of 2015. External debt is reported by Bank Negara.
During 1986 recession, the government also froze civil servants’ increment. It made sure that everybody sacrificed. You can’t ask rakyat to sacrifice and yet civil servants are treated differently. The rakyat pay all kind of taxes to fund the government’s Opex. But under Mohd Najib, civil servants are given salary increases and special bonuses at the time when rest of the rakyat are suffering a high cost of living.