Penang's RM1.5 billion in reserves outweigh its federal debt of just RM69 million, boasted chief minister Lim Guan Eng.
But while the state can easily pay off what it owes Putrajaya, Lim said some debt is necessary.
Penang's RM1.5 billion in reserves outweigh its federal debt of just RM69 million, boasted chief minister Lim Guan Eng.
But while the state can easily pay off what it owes Putrajaya, Lim said some debt is necessary.