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Thursday, September 19, 2019

Tag: national debt

Putrajaya to sell properties it doesn’t need, says Dr M

The prime minister speaks in an interview about dealing with debt, Dr Zakir Naik and protecting sensitivities in multiracial Malaysia.

IMF’s latest victims

The fund suffers from a lack of accountability that permeates the institution’s bureaucracy right up to the very top.

Stop infighting and start governing, ex-servicemen tell PH

The National Patriots Association says politicians holding government posts have to provide leadership, not fight among themselves for power.

Najib accuses Guan Eng of lying over actual national debt

After previously saying the country’s debt and liabilities had gone up from RM1 trillion to RM1.1 trillion, Najib says Lim Guan Eng is now saying the debt-to-GDP ratio has gone down by 3.9%.

Bursa Malaysia down RM157 billion in market value since GE14

The FBM KLCI is at 1,629 points compared to 1,846 just before the May 9 polls.

Pandemonium in Dewan as Guan Eng and Najib trade barbs on...

Shouting match begins after Finance Minister Lim Guan Eng brings up the issue of 1MDB's debts, which he said were 'hidden'.

Treasury sec-gen to head committee on Tabung Harapan’s RM202 million

Special accounts committee to decide how the more than RM200 million collected since last year will be used.

Lead arrangers chosen for 200 billion yen samurai bond, says Guan...

The Malaysian units of HSBC Holdings Plc and Mizuho Financial Group, along with Daiwa Capital Markets Ltd, in partnership with Affin Hwang Investment Bank, will be the joint lead arrangers.

High debt could persist longer than expected, says Moody’s

The rating agency expects government debt to edge up to 51.1% of GDP in 2019 from an estimated 50.6% in 2018.

Debate continues on new tax measures ahead of Budget 2019

IDEAS director Laurence Todd urges Putrajaya to widen the scope of existing taxes instead of introducing new tax schemes, while Ramon Navaratnam says new taxes should only apply to the super rich.

Efforts to restore economy paying off, says Dr M

The prime minister says Malaysia is on the path to recovery and will soon attract foreign investments again.

Painful budget coming soon after tax holiday, says Najib

The former prime minister also accuses PH of fabricating the RM1 trillion national debt.

Budget 2019 will be difficult, says Guan Eng

The finance minister says the government must fix its fiscal finances while improving the wellbeing of the rakyat.

Rates on hold as fiscal worries mount

Several economic conditions will likely affect Bank Negara's policy outlook including the country's fiscal troubles and pressure on the ringgit.

Tough to achieve balanced budget right now, says Guan Eng

The finance minister says this is due to the country's financial situation and its huge national debt.

Axing China-backed projects will hurt construction, says economist

However, Yeah Kim Leng says it was the right thing to do.

National debt won’t stop Mindef from boosting defence assets

Minister Mohamad Sabu says his ministry will 'adjust' its assets in light of the financial constraints.

Tabung Harapan funds not used yet, says finance ministry

It says the process of payment will be made public once the committee in charge reaches an agreement on the matter.

MRT3 still on track, says Loke

The transport minister says the project has been postponed in light of the high national debt.

Home ministry reviewing costly projects

Its secretary-general Alwi Ibrahim says this is to improve governance and rationalise expenditure.

Tony Pua: Ku Li ‘ignorant’ to blame fall in share prices...

The DAP MP says Tengku Razaleigh Hamzah should not expect the PH government to cover up scandals or hide the truth from the people.

Moody’s proves PH govt’s claims on national debt not true, says...

The former prime minister says the ratings agency has maintained the debt ratio declared by the BN government previously.

RM350,000 for debt fund from Melaka govt and agencies

The contribution will come from state government funds and collections from state agencies and state-owned companies.

Mahathir: We will live within our means

Prime minister says he will work towards restoring the country's economic fortunes within a loose two-year time frame.