Finance minister: Debt Management Office formed to manage govt debt, liabilities | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Finance minister: Debt Management Office formed to manage govt debt, liabilities

Finance Minister Lim Guan Eng said that the office will oversee the issuance and propose the structure of debt incurred by Putrajaya as well as its statutory bodies and government special purpose vehicles. — Picture by Miera Zulyana

In a press statement today, Finance Minister Lim Guan Eng made the announcement, saying that the office will oversee the issuance and propose the structure of debt incurred by Putrajaya as well as its statutory bodies and government special purpose vehicles. “The office is among the institutional reforms carried out to strengthen the government’s fiscal position that is closely monitored by international credit rating agencies,” said Lim.

 

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 NG

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.

Finance Ministry: Returned 1MDB funds will be used to service debts | Malay MailKUALA LUMPUR, May 8 — The US$322 million (RM1.3 billion) received through the repatriation of 1MDB assets will be used to service the sovereign wealth fund’s total debts of RM51 billion. The Finance Ministry said the debt amount includes the interest borne and loans taken from the ministry of...
Source: malaymail - 🏆 1. / 86 Read more »