Malaysia’s actual long-term debt is RM885.9 billion, says accountant


Pakatan Harapan leaders at the launch of Tabung Harapan, a fund for Malaysians to donate to in order to pay off the country's RM1 trillion national debt.– The Malaysian Insight file pic, October 18, 2018.

THE government, who has listed the national debt at RM1.087 trillion on its balance sheet, should note that its actual long-term debt is RM885.9 billion, says an accounting and consulting firm.

Grant Thornton Malaysia country managing partner Narendra Jasani said the RM201.4 billion difference between the two figures were annual lease payment commitments under public-private partnership projects. 


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Comments


  • Headline is wrong bro. Bln

    Posted 5 years ago by Laz As

  • Editors please check on the proper use of grammar.. government is not a person!!!
    Photo is about Tabung Harapan? Please get your facts right.

    Posted 5 years ago by TTs Take

  • Please focus on expanding the economy, not the tax base

    Posted 5 years ago by Roger 5201