- Ex-PM Najib Razak accused of stealing hundreds of millions of dollars
- Mahathir Mohamad unexpectedly won his bid for office in May
- Within 24 hours, "Malaysia Hope Fund" raised almost $2 million
Mahathir's other priority was get the country's $250 billion worth of debt under control. And this week, he announced the government had found a way to at least get started: crowdfunding.
Within 24 hours, the "Malaysia Hope Fund" raised almost $2 million, the BBC reported.
"The rakyat (people) voluntarily want to share their earnings with the government to help ease the burden," the finance ministry said in a statement, announcing that it would be accepting donations to a special fund set up to help relieve the country's debt.
The ministry asked all willing citizens to donate to the cause. The government hopes it can ride on the wave of patriotism Malaysians are feeling after the peaceful transition of power last month.
In a sense, the effort is a version of what she said Malaysians did during their struggle for independence from Britain, when they donated jewelry, money and valuables. It's also similar to what South Korea did as it attempted to pull itself out of economic crisis in the late 1990s, and regular citizens lined up to donate their most prized possessions to the government, including wedding rings and trophies.
"We can tell our children and grandchildren of this initiative that we all took part in to save Negaraku (my country) Malaysia," she said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)