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Malaysian Prime Minister Najib Razak delivers the opening speech during the general assembly of Malaysia's ruling party (AP)

Malaysian Prime Minister Najib Razak delivers the opening speech during the general assembly of Malaysia's ruling party (AP)

Malaysian Prime Minister Najib Razak delivers the opening speech during the general assembly of Malaysia's ruling party (AP)

Malaysia's leader has warned voters that their country risks economic collapse if the opposition wins national elections that must be held by mid-2013.

Premier Najib Razak opened his ruling party's annual congress 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.

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