Country's debts at RM1.045 trillion as of June, says Finance Ministry

  • 📰 staronline
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: Malaysia's debts now stand at RM1.045 trillion or 63.8% of the gross domestic product as of the end of June this year, the Dewan Rakyat was told.

The Finance Ministry said the Federal Government's debt service payment stood at RM43.1bil or 18.4% of the government's revenue.

The Finance Ministry said debt servicing payments are classified as liability item T13, one of the liability expenses that is prioritised over other expenditure items, as stipulated under Article 98 of the Constitution, that all debt charges are the responsibility of Putrajaya.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DAH BAYAR KE BELUM....SULU X BAYAR JUGA.. KALAU TAK NAK PERGI PARLMEN TAK PAYAH BUANG DUIT LAGI BUAT SESI KAT HOTEL...JIB..JIB.

KELUARGA BANGSAWAN MALAYSIA....

Ooh not bad, still small amount i guess. No worries kan? Slim chance jer

weechookeong Thank you Najib for make this happened. “Tidaklah seorang hamba yang diamanahkan oleh Allah ke atas sekumpulan manusia, lalu dia mati sedangkan dia melakukan penipuan terhadap mereka, melainkan Allah mengharamkan baginya syurga.”Hadis Riwayat Imam al-Bukhari

Debt at RM1. 045 trillion Foreign Reserves down to USD109 (lowest in 6mths) Currency at 4.45 Oil price dropping Palm Oil price dropping Sign of times to come ...

Tengku zafrul tipu ni

So, PH wasn't lying, right?

Well done. 👏👏👏👏👏

How much swept under the carpet ? Just like inflation figures

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines