Chief Minister Chow Kon Yeow said Prime Minister Tun Dr Mahathir Mohamad floated this idea in a reply to the state when it requested Federal funding for the project.
"However, we will still request funding for the project from the federal government under the 12th Malaysia Plan," said Chow in reply to Jason Ong at the state assembly on whether the state would go ahead with the Penang South Reclamation since they had requested the RM10bil from the federal government.
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:
Bond is I-Owed-You instrument!
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.
Calculated move for second Samurai bond, says deputy finance ministerAmiruddin: Government considers forex rate, financing cost before finalising loans. mahathir's de facto finance minister tambah hutang, aset jual wangnya kemana ? ph bakal mewariskan hutang yang banyak dan kehilangan aset kepada generasi akan datang. A nation shocked by guanenglim revelation of 1 trillion debt, Malaysians came together answering Tabung Harapan's plea. Today, tabung empty and Samurai at round 2 ; and still proceeding with ECRL and free breakfast billion$$$ ? I am no Accountant, but I know how to calculate
Source: malaysiakini - 🏆 20. / 51 Read more »