Old and new finance ministers clash over 1MDB and debt

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Najib had asked how much the national debt would be at the end of Pakatan Harapan's full term in 2023. FMTNews PakatanHarapan NajibRazak

Former finance minister Najib Razak and current finance minister Lim Guan Eng.

The uproar started when Finance Minister Lim Guan Eng said “1MDB is walking in” on seeing former prime minister and finance minister Najib Razak walking into the chamber. However, the Speaker, Mohamad Ariff Md Yusof, asked Lim to withdraw his remark, as the 1MDB issue was now before the courts.But Lim who was wrapping up the debate on the Supply Bill 2020 asserted that 1MDB remained a big issue as the country had to pay billions to settle 1MDB debts.

However, Lim spoke about 2017, stating that the debt ratio to gross domestic product stood at 80%.at the time.

 

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

munisjothee2 Bet that DUMB MOF has no clue...NajibRazak

guanenglim set the target in 2012 la boss. 1.3T by the year 2020. Planned this all along.

Is that even a relevant question and if the 1st place is not your doing? Why not you try to come with resolution and by then peoples might think...damn the PH, our ex-finance minister is actually right !

Ya do add some budget to finance an extra prisoner

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:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines