No spending blindly just to keep PM popular, says Rafizi

Important to get the best value, economy minister says.

By Ravin Palanisamy · 1 year ago

No spending blindly just to keep PM popular, says Rafizi

No need to raise national statutory debt ceiling, Ahmad Maslan says

Deputy finance minister says limit already increased twice before.

· 1 year ago

No need to raise national statutory debt ceiling, Ahmad Maslan says

Biden willing to discuss debt ceiling with Republican leader as default looms

This comes after Treasury Department takes 'extraordinary measures' to temporarily reduce amount of outstanding debt.

· 1 year ago

Biden willing to discuss debt ceiling with Republican leader as default looms

Malaysia’s financial situation remains strong, says Tengku Zafrul

Finance minister responds to several contrary claims on social media.

· 1 year ago

Malaysia’s financial situation remains strong, says Tengku Zafrul

Moody’s says Russia defaulted on debt

Bond holders did not receive US$100 million in interest payments, ratings agency says.

· 1 year ago · 1 comment

Moody’s says Russia defaulted on debt


S. Korea has highest debt-to-GDP ratio among 36 nations

Lebanon comes in second, followed by Hong Kong.

· 1 year ago

S. Korea has highest debt-to-GDP ratio among 36 nations

Sri Lanka seeks Chinese debt reschedule for crashing economy

President Gotabaya Rajapaksa expected to hold talks with Chinese foreign minister in the matter today.

· 2 years ago

Sri Lanka seeks Chinese debt reschedule for crashing economy

China’s struggling Huarong secures US$6.6 billion lifeline

Debt collector plans to sell shares, divest more assets to stay afloat.

· 2 years ago

Police to identify, help debt-ridden personnel

It is to prevent them from falling into questionable, undesirable practices, says deputy IGP.

· 2 years ago

Police to identify, help debt-ridden personnel

High household debt raises many concerns

· 3 years ago · 1 comment

Pandemic pushes French govt debt to highest since 1949

2020 debt equal to 115.7% of annual GDP, budget deficit at 9.2% of GDP.

· 3 years ago

Pandemic pushes French govt debt to highest since 1949

Govt to continue improving people’s welfare despite high spending, debts

Rafizi Ramli says Putrajaya has an annual revenue of about RM300 billion.

· 9 months ago

Govt to continue improving people’s welfare despite high spending, debts

UK finances win boost before key budget

Net borrowing shows surplus of £5.4 billion.

· 1 year ago

UK finances win boost before key budget

60% debt ceiling enough for now, says Tengku Zafrul

Finance minister says government has ample room to stimulate the economy at the current level.

· 3 years ago · 1 comment

60% debt ceiling enough for now, says Tengku Zafrul