新2线上开户(www.hg108.vip):Malaysia not on verge of bankruptcy

admin 4周前 (07-17) 社会 14 0

足球博彩平台www.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足球博彩平台上登录线路最新、新2皇冠网址更新最快,足球博彩平台开放皇冠会员注册、皇冠代理开户等业务。

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz noted that the government has never defaulted on servicing its interest and debt, despite going through a series of recessionary economic and financial crises before.

PETALING JAYA: The Finance Ministry has refuted recent allegations that Malaysia is on the verge of bankruptcy and highlighted that the government has always been “highly disciplined” in managing its debt levels.

The statement was issued after some quarters claimed on social media that Malaysia is set to follow the footsteps of Sri Lanka, which was recently declared as bankrupt.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz noted that the government has never defaulted on servicing its interest and debt, despite going through a series of recessionary economic and financial crises before.

He added that the federal government’s debt remained at a manageable level.

While the minister stopped short of naming those spreading the allegations, he said an official complaint was lodged with the Malaysian Communications and Multimedia Commission on several false social media reports about the country’s debt position.

Tengku Zafrul said the federal government practiced prudent debt management through existing laws.

For example, the country’s offshore borrowings amounted to RM29.4bil as at end-June 2022, well below the RM35bil threshold set under the External Loans Act 1963.

Meanwhile, the government’s statutory debt accounted for 60.4% of gross domestic product (GDP) as at end-June 2022.

,

新2线上开户www.hg108.vip)是一个开放皇冠正网即时比分、新2线上开户的平台。新2线上开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

Under the Temporary Measures for Government Financing (Coronavirus Disease 2019) (Amendment) Act 2021, it is stipulated that the statutory debt limit should not exceed 65% of GDP.

On top of these, Article 98 (1) (b) of the Federal Constitution stipulates that the government must always prioritise debt charges over other operating expenditure

Tengku Zafrul added that 97% of the federal government’s debt is denominated in ringgit.

This reflects prudent debt management as exposure to foreign exchange risk is minimal.

“A high level of debt does not mean that the country is at risk of bankruptcy.

“Various international rating agencies such as S&P Global, Fitch and Moody’s constantly assess a country’s debt level together with other factors such as a prudent fiscal framework, sound governance and resilient external position as well as the strength of its economy.”

He said the International Monetary Fund had also acknowledged that Malaysia’s debt position is still at a manageable level.

“Recently, S&P also postulated that the government’s policy planning will support the strengthening of the country’s fiscal position,” he said.

The minister highlighted that the important aspects of debt management are debt affordability and sustainability.

环球UG官网声明:该文看法仅代表作者自己,与本平台无关。转载请注明:新2线上开户(www.hg108.vip):Malaysia not on verge of bankruptcy

网友评论

  • (*)

最新评论

文章归档

    站点信息

    • 文章总数:7646
    • 页面总数:0
    • 分类总数:8
    • 标签总数:2191
    • 评论总数:5955
    • 浏览总数:692694