Govt not bankrupt, debt currently stands at RM1.2 trillion, says Finance Minister

By MARTIN CARVALHO, HEMANANTHANI SIVANANDAM, TARRENCE TAN and FATIMAH ZAINAL

KUALA LUMPUR: The government's current debt stands at RM1.2 trillion, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

However, the minister insisted that the government is not bankrupt as the administration has managed to repay all of its debt on time.

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!
Government , debt , Tengku Zafrul , Parliament

Next In Nation
Blogger Murray Hunter retracts defamatory articles following settlement with MCMC
Blaze rips through 95% of waste management plan in Kuching
Madani govt will be directly involved with GSF 2.0, says PM
Court told of project advisory agreement linked to police contract tender
Convenience store worker dies as two bikes collide in Kluang
Man found dead in parked car in Ayer Keroh
Fire razes five terrace houses in Shah Alam
Hang Tuah Jaya council suspends licence of hotel touted as 'gay-friendly' on website
Over 43,000 litres of misappropriated diesel worth RM124,410 seized in Padang Besar
Johor cops looking for man who allegedly beat girlfriend

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.