Malaysiakini News

World Bank: M'sia guaranteed debt goes up, direct debt goes down

Published:  |  Modified:

Putrajaya's direct debt has trended downwards since 2015 but debt guaranteed by the government has gone up since 2016, the World Bank said in its latest biannual report on the Malaysian economy.

The World Bank’s June 2018 edition of the Malaysia Economic Monitor noted that increased loan guarantees for large-scale infrastructure projects were a crucial contributing factor towards the country's growing contingent liabilities...

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