Economy strong enough - DPM

Deputy Prime Minister Datuk Seri Najib Tun Razak said that the country’s economy is capable of weathering the destabiling consequences and the effects of the US economy. He said “The strengthened financial infrastructure and the more developed financial markets have increased the resilience of our financial system to external shocks. Liquidity in the banking system remains ample and funding to the private sector, which grew 13% in August, continues to expand,” He added that “We are sure that we can manage the situation although there are obviously areas of concern with areas of growth; we are confident that we would not be so bad compared to other parts of the world. Malaysians need to remain united and cohesive as the country prepares to face the global financial economic challenges. Now is not the time for politicking, speculation and political games by anybody,”