Govt debt went up to RM1.173 trillion in 2023, says Auditor-General

By KHOO GEK SAN, MARTIN CARVALHO and GERARD GIMINO

KUALA LUMPUR: The Federal Government's debt was recorded at RM1.173 trillion in 2023, an increase of RM92.918bil or 8.6% compared to RM1.080 trillion in 2022, says the Auditor-General’s Report.

In the Report 3/2024 released on Monday (Oct 14), the debt consists of Domestic Loans amounting to RM1.143 trillion or 97.5% of the total Federal Debt, and Foreign Debt totalling RM29.851bil or 2.5%.

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