Most Read
Most Commented
Read more like this
mk-logo
News
1MDB debt is not gov't debt, says Najib
Published:  Oct 31, 2016 7:17 PM
Updated: Nov 1, 2016 3:33 AM

Prime Minister Najib Abdul Razak has said that debts accumulated by 1MDB are not considered government debts.

"Debts (accumulated) by 1MDB and their related projects are not classified as federal government debts.

"Therefore, debts accumulated by 1MDB and their related projects do not contribute to government debts," said the finance minister.

Najib said this in a written parliamentary reply to Seputeh MP Teresa Kok, who had asked the finance minister to state the debt-to-GDP ratio for both 2015 and 2016, and also to state the debts contributed by 1MDB and related projects.


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS