Malaysiakini NEWS

CM: Penang needs some debt so it can ask Najib for money

Zikri Kamarulzaman
Published:  |  Modified:

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.

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