Lim confirms country’s debt exceeds RM1 trillion


PUTRAJAYA: On his first day as Finance Minister, Lim Guan Eng confirmed that Malaysia’s debt was now above RM1 trillion but assured his countrymen that its economic fundamentals remained strong.

He said this figure was based on information consolidated from various ministries.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Ex-Army chief opts for early retirement to allow selection of new Armed Forces chief, says Khaled
Indonesian man jailed three months for misusing another person’s MyKad for 12 years
Malaysians in Narathiwat urged to obey curfew order
Perpaduan childcare centres, kindies allocated RM55.5mil this year, says Unity Minister
Road accident in Tapah claims life of elderly pedestrian
Former aide recounts events that led to Muhyiddin quitting as Perikatan chairman
KL cops seize nearly RM1mil worth of drug-laced drinks with arrest of dealer
Defence Ministry to embrace ESG framework for enhanced transparency, sustainability
Company director loses nearly RM3mil to investment scam
NGO head charged with misappropriating RM207,000 in donations

Others Also Read