Malaysian leader warns of economic collapse
on 29/11/2012 07:52:36
Premier Najib Razak opened his ruling party's annual congress today with a forceful speech urging supporters to brace for what is expected to be one of Malaysia's most intensely fought elections since independence from Britain in 1957.
Mr Najib's United Malays National Organisation is determined to reverse setbacks from 2008 polls that triggered the multi-ethnic government coalition's worst performance in over five decades of uninterrupted rule.
Mr Najib accused the opposition in a nationally televised speech of banking on false promises to sway voters.
He predicted the national debt would soar and Malaysia would lose its economic sovereignty within three years if the opposition wins power.