KUALA LUMPUR: A new law will be tabled in Parliament for better management of the nation's finances, particularly to cap the statutory debt limit to 65% of the country's gross domestic product (GDP), says Datuk Seri Ahmad Maslan (pic).
The Deputy Finance Minister said the legislation was needed as the country had outstanding debt of about RM1.5 trillion.
Already a subscriber? Log in.
Unlock 30% Savings on Ad-Free Access Now!

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.