Govt debt and liabilities exceed RM1 trillion

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THE government’s debt and liabilities stood at RM1.09 trillion as at the end of last year, says the Special Parlia­men­tary Select Committee on the Budget.

Its chairman Datuk Seri Mustapa Mohamed said the committee had convened to determine the actual debt and liabilities of the Federal Government which would have an impact on the annual budget.

In the report, which was tabled in the Dewan Rakyat, the RM1.09 trillion debt and liabilities consist of RM741bil of Federal Government debt, RM132.7bil of government-­guaranteed loans, RM32.2bil of 1Malaysia Development Bhd principal debt and RM184.9bil of other liabilities.

 

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