Rising pressure on debt with recession risks


PETALING JAYA: While the government’s current debt level is manageable, there is rising pressure for the debt load to surge in the wake of the looming recessionary risks in the United States and developed economies.

Exacerbated by the stronger global inflation, economists concurred that embarking on the right strategies are necessary to keep the debt level at bay in the medium to long term.

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Economy , pressure , inflation , Anthony Dass ,

   

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