Lower financial risk for federal govt


PETALING JAYA: Under the 2019 Budget, the federal government gross borrowing requirements are expected to be higher for deficit financing and refinancing of matured papers, though there will be a lower financing risk in the near term.

This is because a total of RM70bil papers is expected to mature in 2019, of which 25% is to be redeemed in the first half of next year.

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