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Sunday, September 15, 2019

Tag: government debt

Economist sounds the alarm over govt borrowing of RM58 billion in...

Barjoyai Bardai says Putrajaya needs to control the rate at which it is spending money.

National debt at RM1.1 trillion in 2018

The amount comprises federal government debt, debts guaranteed by the federal government and 1MDB's net debt, among others.

National debt has passed RM800 billion mark, Najib says

The former prime minister says Malaysia's official debt stands at RM800.9 billion, compared to RM686.8 billion at the end of 2017 under the BN administration.

Reintroducing GST would help cut govt debt, says economist

However, Barjoyai Bardai says the country's debt situation is not worrying yet despite the increase in direct government debt.

Malaysia risks downgrade if debt burden increases, says Moody’s

The rating agency says real GDP growth may slow to 4.7% and 4.5% in 2019 and 2020 respectively, after averaging around 5.0% from 2015 to 2018.

Economist: PH must work on keeping its promises despite huge debt

Barjoyai Bardai says it will be difficult for the government to make good on its promises within 100 days, but it needs to keep working at it.

Give us time to fulfil election promises, says Guan Eng

Lim Guan Eng says the government needs to stabilise its finances before it can implement the promises in its election manifesto.

Academic: Tabung Harapan shows Malaysians are ‘patriotic millionaires’

Nurhaizal Azam Arif says if the government is transparent in its dealings, the people will become even more patriotic than before.

Government debt at RM685 billion

Finance ministry says 96.7% or RM662.4 billion is domestic debt.

Fitch: Budget 2018 maintains fiscal discipline despite eye on polls

Although warning that there is a risk to the government’s optimistic revenue projections, the ratings agency says federal government debt will be on a downward path.

Bank Negara confident government will honour debt obligations

Muhammad says market sentiments will improve once 1MDB issue is resolved