‘National debt to go down to RM86bil’

Finance talk: (From left) Abu Tariq, Lim, Anwar, treasury secretary general Datuk Johan Mahmood Merican and Chartered Tax Institute of Malaysia president Soh Lian Seng during the launch of National Tax conference 2024 at Kuala Lumpur Convention Centre in Kuala Lumpur. — RAJA FAISAL HISHAN/The Star

KUALA LUMPUR: Malaysia is aiming to reduce its national debt to RM86bil this year as a short-term measure to boost its financial capacity and stability, says Datuk Seri Anwar Ibrahim.

The Prime Minister said in 2021 and 2022, the country’s borrowing stood at RM100bil before it was gradually reduced.