Malaysia's debt climbs to RM 407 billion on the back of massive spending spree
From the Singapore Business Times, October 25, 2011
By S. Jayasankaran
Malaysia's national debt rose by 12.3 per cent to over RM 407 billion in 2010 - making it the second year running that the debt to GDP stood at over 50 per cent.
The Auditor-General released the figures in his annual report which was revealed yesterday in Parliament. And while the repor…
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