Federal debt growth rate continues to decline, says Anwar

By Junaid Ibrahim, Rahimy Rahim and And Benjamin Lee

KUALA LUMPUR: The federal debt growth rate is declining, with the rate dropping to 6.4% in 2024 from 8.6% in 2023 and 10.2% in 2022, says the Finance Ministry.

Prime Minister Datuk Seri Anwar Ibrahim said that by the end of December 2024, the debt reached RM1.247 trillion.

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Federal Debt , Finance Ministry , Anwar Ibrahim , Debt-to-GDP Ratio , Fiscal Stability , Borrowing , Fiscal Deficit , Development Expenditure , Act 850

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