KUALA LUMPUR: Putrajaya decided to raise its statutory debt ceiling to 65% of the gross domestic product (GDP) as it was RM5bil short of reaching the threshold in September, says Tengku Datuk Seri Zafrul Abdul Aziz.
The Finance Minister also said the government had spent RM60bil for various programs to combat the pandemic since the start of the year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!