#Latest news with #RM1.277The Star6 days agoBusinessThe StarDebt, deceit and delay: Malaysia's hidden fiscal crisisBANK Negara Malaysia's (BNM) latest update reveals the Federal Government's direct debt has reached RM1.277 trillion, pushing the debt-to-GDP ratio to around 66% and breaching the 65% statutory ceiling. Predictably, social media is lit up with politically charged claims. Many simplistically argue that 'Najib's debt was safer,' citing lower ratios then. But they miss the real question: how much of that debt was simply hidden?
The Star6 days agoBusinessThe StarDebt, deceit and delay: Malaysia's hidden fiscal crisisBANK Negara Malaysia's (BNM) latest update reveals the Federal Government's direct debt has reached RM1.277 trillion, pushing the debt-to-GDP ratio to around 66% and breaching the 65% statutory ceiling. Predictably, social media is lit up with politically charged claims. Many simplistically argue that 'Najib's debt was safer,' citing lower ratios then. But they miss the real question: how much of that debt was simply hidden?
6 days ago
