THE Federal Government’s debt level trajectory is forecast to remain within the statutory debt limit in the medium-term due to the scarring effect of additional borrowing during the Covid-19 pandemic and the funding requirements for the implementation of the 12th Malaysia Plan.
“Therefore, the current debt limit will be maintained to provide fiscal space in executing the nation’s development agenda, strengthening the economy and ensuring sustainable recovery.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
