Malaysia's debt climbs to RM 407 billion on the back of massive spending spree

Oct 25, 2011

∙ Paid

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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