The government will be paying up to RM58.1 billion over five years off the books for nine government-owned companies under the Finance Ministry, from 2015 till 2020.

“Up till May 31, 2015, there are nine government-owned companies through Finance Ministry Incorporated, which have expenses classified as off balance sheet, which are paid for by the government.

“The yearly payments for 2015 till 2020 is between RM4.76 billion and RM11.62 billion,” the Finance Ministry said in a written reply yesterday.