PETALING JAYA: The government will raise a total of RM135.7bil gross direct debt in 2019, of which 61%, or RM83.3bil, will be used to redeem the federal government’s outstanding debt.
The remaining amount of RM52.4bil will be utilised for the government’s development expenditure such as roads and infrastructure as budgeted and approved by Parliament in December 2018, stated Finance Minister Lim Guan Eng in a statement yesterday.
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