Malaysia not on verge of bankruptcy: Finance Minister
FRIDAY, JULY 15, 2022
The Finance Ministry has refuted recent allegations that Malaysia is on the verge of bankruptcy and highlighted that the government has always been “highly disciplined” in managing its debt levels.
Public Debt Policy Office (PDMO) will keep Thailand’s public debt at no more than 50 per cent of the nation’s gross domestic product (GDP) in the next 10 years, despite the government’s planned investment in mega infrastructure projects worth over Bt2 trillion in the next four to five years.