Finance Minister Lim Guan Eng's insistence about the national debt allegedly reaching RM1 trillion is impacting investor confidence, the capital market and the nation's finances, Umno said.

In a statement today, the Umno strategic communications unit said Lim's "very stubborn" stance on the matter is also causing the country losses.

"The finance minister's statement regarding the RM1 trillion debt is extremely confusing and has implications on investor confidence, the capital market and the country's finances," the party said...