New body to oversee issuance and structure of government debt


The formulated strategies and plans would be presented to the fiscal policy committee chaired by Prime Minister Tun Dr Mahathir Mohamad(pic), while the DMO will be chaired by Finance Minister Lim Guan Eng

PETALING JAYA: The debt management office (DMO) has been set up to review and reduce hidden government debt and liabilities, strengthening the fiscal position of Malaysia.

As of December 2017, the government’s debts and liabilities had grown to RM1 trillion.

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Issuance , government , debts , Lim , Mahathir , liabilities ,

   

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