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Fiscal responsibility, public debts: Avoiding panic button

Concerns over Malaysia's high level of public debts are real. It is not surprising that this will feature prominently in public debates for some time, not the least because the fiscal problems faced by some countries around the world continue to hog the headlines.

So while it is timely that Umno Youth chief Khairy Jamaluddin penned his thoughts on fiscal responsibility (published in The Edge , Feb 20) and in the light of Deputy Minister of Finance Awang Adek Hussin's insistence that our debt level is manageable (despite being only two percent away from the legal national debt limit), it is only proper that one of us from Pakatan Rakyat responds to further the public discourse on this issue.

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