Malaysia s national debt including liabilities has reached 1.5 trillion RM (346 billion USD), equivalent to over 80 per cent of the country s gross domestic product (GDP), according to Malaysian Prime Minister Anwar Ibrahim.
KUALA LUMPUR – Malaysia’s economic growth will provide the central bank with more room to tighten monetary policy as the Federal Reserve increases interest rates, caretaker Finance Minister Zafrul Aziz said. Read more at straitstimes.com.
State-owned firms would invest up to 45 billion ringgit on direct domestic investments, and 1.3 billion ringgit in venture capital to support entrepre.
KUALA LUMPUR, Malaysia (AP) Malaysia plans record development spending in 2023 despite a proposed smaller national budget Friday that is also laden with the usual cash handouts, tax cuts and other goodies ahead of impending general elections.