PublishedDeputy Finance Minister Datuk Ir Amiruddin Hamzah speaks to reporters July 26, 2018. — Picture by Ahmad Zamzahuri
He said MOF and BNM, through their latest documents, both reported Putrajaya’s debt as a percentage of the Gross Domestic Product at 51.8 per cent as at end-2018. “In fact, the government’s direct debt level remains below 55 per cent of the GDP, and the government will continue to practise good governance in administering any development expenditure in order not to exceed the 55 per cent level,” he said during the question-and-answer session in the Dewan Negara today.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia on track to becoming global Islamic finance hub, says deputy minister | Malay MailKUALA LUMPUR, April 22 — Malaysia is on the right track towards becoming a leading global Islamic finance hub in the near future, said Deputy Finance Minister Datuk Ir. Amiruddin Hamzah. He said among the advantages possessed by the country is the International Islamic Liquidity... What does that mean ?
Source: malaymail - 🏆 1. / 86 Read more »
Perak still in talks with Finance Ministry on duty-free Pangkor | Malay MailIPOH, April 22 — The Perak government is negotiating with the Finance Ministry on the list of items that will be excluded from taxes once Pangkor Island is gazetted as duty-free, Mentri Besar Datuk Seri Ahmad Faizal Azumu (PH - Chenderiang) said. He added the island’s duty-free designation...
Source: malaymail - 🏆 1. / 86 Read more »