Lim: Drop in nation’s overall debts


  • Nation
  • Monday, 03 Jun 2019

Finance Minister Lim Guan Eng says rules for cryptocurrency exchanges, ICO in force by Q1 of 2019.

PETALING JAYA: Efforts to carry out more efficient management of overpriced projects were why the Federal Government has been successful in reducing the nation’s overall debt and liabilities, says Lim Guan Eng.

The Finance Minister said one example was the government’s abi­lity to control and reduce its overall debt and liabilities to 75.4% of the GDP in 2018 from 79.3% in 2017, as an­nounced by the newly-established Debt Management Commit­tee.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
   

Next In Nation

Sarawak to finalise MASwings acquisition by December, says Abang Jo
Dr Wee in Cambodia for Global Chinese Economic and Technology Conference
DBKL enforcement on signboards contrary to country's diversity, says Tiong
Fahmi denies PKR disciplinary board deciding Hassan Karim's fate today
Malaysian ambassador honoured with vibrant tuk-tuk send-off in Thailand
Anwar arrives in Seoul for three-day official visit to South Korea
No room for slackers in civil service, says govt chief sec
2TM programme draws over 343,000 visitors, exceeding target
Ahmad Nawab was an artistic gem, says Anwar
Cops nab 17 for brawling near Bayan Lepas apartment

Others Also Read