Malaysia has sufficient liquidity in the market to execute Prihatin, Penjana initiatives, says Tengku Zafrul | Malay Mail

Datuk Seri Tengku Zafrul Abdul Aziz said the government has not used foreign borrowings to fund the execution of Prihatin and Penjana. — Picture by Yusof Mat Isa

He said the total debt to gross domestic product currently stands at 52 per cent, which is still below the statutory limit of 55 per cent.“If Malaysia needs to raise the statutory limit of debt to GDP ratio of 55 per cent, given the unprecedented and challenging times, it has be on a temporary basis, with a focus on lowering it back in the near future..three years should be ideal,” he told Bernama.

With efficient execution of the stimulus packages, he said the government was expecting a contribution to GDP of 2.8 per cent from Prihatin and 0.6 per cent from Penjana. Meanwhile, for the medium and long term, Tengku Zafrul acknowledged that the Internet access and digital services would continue to be the key focus for the government to address.

Many have their GKP approved but have not received their RM3k.

Anything coming out from this guy's mouth should never be taken seriously.

'Selling assets' is more like it

But not discussed in parliament?

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