Dr Mahathir: GDP growth has reduced national debt

Prime Minister Dr Mahathir Mohamad said today that the country is in a healthier financial state with the national debt reducing as a result of GDP growth."When the GDP grows larger, the percentage of debts will reduce.

This is a fact," he told the Dewan Rakyat during Minister's Question Time."Secondly, when we resolved several debts, our national debt reduced."We are now close to a level where it will not affect our efforts to administer and develop the country."

kinitv Only stupid Malaysian don’t understand this ? You’re unborn generations is already indebted by this BN / UMNO crooks rulings for the past 60 years of corruptions cronies and monopolies !!!

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

National debt down following rise in GDP, says Dr MThe prime minister says the settlement of some loans has also helped reduce the country's debt. national gdp
Source: fmtoday - 🏆 5. / 72 Read more »

Putrajaya may sell assets, land to trim debt, says Dr Mahathir | The Malaysian InsightPutrajaya may sell assets, land to trim debt, says Dr Mahathir
Source: msianinsight - 🏆 8. / 63 Read more »