KUALA LUMPUR: Malaysia is borrowing less but spending has increased, says Datuk Seri Anwar Ibrahim.
The Prime Minister said the government allocated RM16bil for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (Sara), RM18bil for civil service salary increases and more than RM40bil for fuel subsidies.
He said new government borrowing had declined from RM100bil in 2021 and 2022 to RM92.6bil in 2023, RM76.8bil in 2024 and RM75.6bil last year.
"Although our debt is decreasing, we are borrowing less, while spending is still increasing," he said during Prime Minister’s Question Time in the Dewan Rakyat on Thursday (Nov 12).
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