Malaysiakini News

State governments owe Putrajaya RM16.8b

Published:  |  Modified:

PARLIAMENT State governments throughout the country collectively owe the federal government RM16.8 billion in debt as of 31 Dec 2015, the Finance Ministry said.

In a written parliamentary reply today, the ministry said the state with the highest debt was Pahang, with RM2.9 billion, followed by Sabah with RM2.6 billion, Sarawak RM2.5 billion, and Kedah RM2.3 billion.

Penang had the lowest debt to Putrajaya, with only RM69.3 million not yet paid off, while Johor had RM249 million left to pay, and Perlis RM373.2 million.

The money was borrowed to develop basic infrastructure such as water supply, low cost housing, industries and other projects.

"These projects are part of the (federal) governments efforts to continue uplifting the people's standard of living," the Finance Ministry said.

It was in reply to a question from Teresa Kok (DAP-Seputeh) who wanted to know how much debt state governments owed Putrajaya.

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