Finance minister denies claim govt borrowed money for civil servants’ salaries | Malay Mail

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KUALA LUMPUR, Nov 28 — The Pakatan Harapan (PH) federal government has never resorted to borrowing money to pay the salaries of civil servants, Lim Guan Eng said today. The finance minister cited the stable A3 and A- ratings given Malaysia by international agencies to back his assertion. “If...

Thursday, 28 Nov 2019 12:21 PM MYTFinance Minister Lim Guan Eng is pictured at the Parliament lobby, October 15, 2019. ― Picture by Ahmad Zamzahuri

“If the federal government borrowed to pay the salaries of its civil servants, this would inevitably lead to an immediate credit rating downgrade. The minister was responding to a remark made by the Opposition Umno deputy president Datuk Seri Mohamad Hasan during the Negri Sembilan budget debate in the state assembly.He also pointed out that the government is on target to cut its fiscal deficit from 3.7 per cent of gross domestic product in 2018 to 3.4 per cent this year.

 

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Worst finance minister in the world

Good...debunk fake news as they crop up

tp klepet duit royalti mnyak

Sudah pakai baru Sayonara Nanti..

Hahaha. Got Sayonana bonds

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