Unsustainable growth in country’s debt

IN Budget 2023, the total debt service charges (DSC) were estimated at RM46.1bil. As a percentage of total government expenditure, the DSC is expected to be at 15.4%.

As it is, this is already higher than the self-imposed 15% limit that Malaysia has adhered to.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Insight

To live in another land is a gift and education
Ringgit’s misfortunes driven by investment flows
Zero-tolerance for non-compliance among firms
Copper supply rethink as smelter treatment charges fall
AI poster child Altman is back, may have fewer checks on power
A lesson plan for M’sia worthy of our attention
GDP not a comprehensive wealth gauge of a country
How broker dealers dented Wall Street’s huge diversity gap
Dollar stability crushes foreign-exchange volatility
US recession? Look at what rich Americans do on Black Friday

Others Also Read