Finance Minister Lim Guan Eng says the government's fiscal consolidation is on track as it targets to reduce the deficit from 3.7% of GDP in 2018 to below 3% by 2021.
PETALING JAYA: The National Feedlot Corporation (NFCorp) still owes the government over RM253mil in loan and interest, says Finance Minister Lim Guan Eng (pic).
“Based on the Complete Statement of Federal Government Loans as of April 30, 2019, from the Accountant General’s Department of Malaysia, the outstanding loan amount by NFCorp to the federal government is RM253,618,455.03, which includes interest and late interest charges as of April 30, 2019,” he said in a statement.
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