KUALA LUMPUR (March 12): Prime Minister Datuk Seri Najib Tun Razak stressed today that Malaysia’s debt is still manageable and does not exceed 55% of the gross domestic product (GDP).
Also the Finance Minister, he said the debt level is currently at 50.8% of GDP.
"This means our debt is still manageable and Malaysia is categorised as a country of medium debt, while compared with a number of developed countries, the government debt to the GDP there is much higher, with some exceeding 200 per cent," he added.
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