Lim: Drop in nation’s overall debts


  • Nation
  • Monday, 03 Jun 2019

Finance Minister Lim Guan Eng says rules for cryptocurrency exchanges, ICO in force by Q1 of 2019.

PETALING JAYA: Efforts to carry out more efficient management of overpriced projects were why the Federal Government has been successful in reducing the nation’s overall debt and liabilities, says Lim Guan Eng.

The Finance Minister said one example was the government’s abi­lity to control and reduce its overall debt and liabilities to 75.4% of the GDP in 2018 from 79.3% in 2017, as an­nounced by the newly-established Debt Management Commit­tee.

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