News Formal

Finance Ministry: Govt rules out debt monetisation to increase revenue

  • 📰 malaymail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

KUALA LUMPUR, March 27 — The government has no intention to use debt monetisation financing strategy as one of the ways to increase government revenue, said the Ministry of...

KUALA LUMPUR, March 27 — The government has no intention to use debt monetisation financing strategy as one of the ways to increase government revenue, said the Ministry of Finance .

Leong inquired whether the government had considered debt monetisation or the method of selling government bonds to Bank Negara Malaysia as a way to increase revenue. “In this regard, the government has implemented a prudent financing strategy by adhering to the debt-related legislation which has been stipulated,” the ministry said.

 

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

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ministry of Finance to redraft policy on Wang Ehsan payments to Kelantan, TerengganuKUALA LUMPUR, March 27 — The Ministry of Finance (MOF) is redrafting the policy and scope of “wang ehsan” or goodwill payments to the Kelantan and Terengganu state...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry to redraft ‘wang ehsan’ policy | The Malaysian InsightIt will ensure goodwill payments are in line with national agenda for poverty reduction in Kelantan, Terengganu.
Source: msianinsight - 🏆 8. / 63 Read more »