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Finance minister: Malaysia has enough cash within country, no need to borrow externally to fund Prihatin, Penjana packages | Malay Mail

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Finance minister: Malaysia has enough cash within country, no need to borrow externally to fund Prihatin, Penjana packages

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz during a visit to the Employees Provident Fund’s headquarters in Kuala Lumpur June 12, 2020. — Picture by Miera Zulyana

He added that the government is still able to borrow up to 15 per cent of its capacity from external sources, but decided not to do so. “Since we have enough to borrow in the market, we are able to tap into it as borrowing is now cheaper,” Zafrul said.

 

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