url2: http://newsformal.com/ng/news-17014858We'll borrow to finance billion ringgit projects, says Mustapa | Nigeria

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

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

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:

 /  🏆 5. in NG
 

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

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Zafrul: No 'knee-jerk' market reaction to Fitch downgradePARLIAMENT | The market and ringgit remain stable, says finance minister. The cost of debt will rise and future debt raising will suffer. Foreign direct investment will be affected as investors will view this development negatively and it will weaken the currency. We need policies and actions to improve the situation instead of nonsensical statements. Explain the why we have capital outflow.
Source: malaysiakini - 🏆 20. / 51 Read more »