KUALA LUMPUR, March 30 — The federal government’s debt is expected to be fully settled in 2053 if no new loans were to be taken to finance the deficit and to refinance...
KUALA LUMPUR, March 30 — The federal government’s debt is expected to be fully settled in 2053 if no new loans were to be taken to finance the deficit and to refinance maturing debts from 2024 onwards, said the Finance Ministry .
Of this amount, domestic debts totalled RM1,050.1 billion while offshore loans amounted to RM29.5 billion. This amount includes federal government debt , guaranteed commitments , 1MDB , and other liabilities . “This DSC is allocated as liability item T13, which is one of the liability expenses that is first given priority over other expenditure items, as stipulated under Article 98 of the Federal Constitution, which means that all debt charges are under the responsibility of the federal government,” MoF said in a written reply on the Parliament’s website today.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MoF: Federal govt debt could be fully settled in 2053This amount includes federal government debt (RM1,079.6 billion), guaranteed commitments (RM205.9 billion), 1MDB (RM18.2 billion), and other liabilities (RM142.2 billion). theSun thesundaily FinanceMinistry governmentdebt GDP debtservicecharges
Read more »
Kementerian Kewangan jangka hutang kerajaan selesai sepenuhnya 2053 | The Malaysian InsightHutang kerajaan persekutuan sehingga akhir 2022 berjumlah RM1,079.6 bilion atau 60.4% kepada KDNK.
Read more »
Indonesia tax office eyes exit from Finance Ministry amid probeJAKARTA (Bloomberg): Indonesia’s tax officers are mulling a proposal to split away from the Finance Ministry as a probe into a US$20 billion scandal looms over them, according to people familiar with the matter.
Read more »
Finance Ministry: Prices of petrol, diesel remain unchangedKUALA LUMPUR, March 29 — The retail prices of RON97 and RON95 petrol and diesel remain unchanged for the week from March 30 to April 5. The Ministry of Finance (MoF), in a...
Read more »
Finance Ministry: '7 berita bank' viral video is fakeKUALA LUMPUR: The Finance Ministry, in a statement on Wednesday (March 29), denied the authenticity of the video titled '7 Berita Baik Untuk Rakyat Malaysia 1 Jan 2023”, that has gone as viral on social media.
Read more »
Transport Ministry To Meet Prasarana To Discuss LRT And MRT Technical IssuesPublic transport operator Prasarana Malaysia Berhad has been instructed to hold a special meeting with the transport ministry to discuss
Read more »