Malaysiakini News

National debt: Najib sees new Moody's estimate as vindication

Published on  |  Modified on

Former prime minister Najib Abdul Razak today suggested that Moody's Investor Service's estimate that Malaysia's debt-to-GDP ratio stood at 50.8 percent proves that the Pakatan Harapan administration had misled the public.

"The top international credit rating agency, Moody's, have independently assessed the Harapan government's claims of RM1 trillion debt and a self-declared debt-to-GDP ratio of 80.3 percent...

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