We'll borrow to finance billion ringgit projects, says Mustapa

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The minister in the Prime Minister's Department says the projects include the central spine road, the Gemas-Johor Bahru double tracking scheme, and the Pan Borneo Highway. FMTNews PanBorneo Jobs Highway

The government says it will take up loans to finance such projects as the Pan Borneo Highway.

Minister in the Prime Minister’s Department Mustapa Mohamed said these loans will allow the government to pay for these projects. He was replying to Tajuddin Abdul Rahman , who asked how the government would finance these mega projects. Mustapa said the projects would boost connectivity and spur the economy by increasing the number of jobs.

 

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AMKJohor National Debts is already more than Ringgit 900 billion. Borrow more? ... Why not! Let's bankrupt the nation!!!

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Source: malaysiakini - 🏆 20. / 51 Read more »