KUALA LUMPUR: Malaysia's household debt stood at RM1.03tril or 89.1% of gross domestic product (GDP).
Deputy Finance Minister Datuk Chua Tee Yong (pic) said 62.6% of household debt was in long-term loans from banks and non-banking financial institutions for property acquisition and financial investments.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
