Malaysia National Debt 2018

Special parliamentary select committee on the budget chairman datuk seri mustapa mohamed says the nation s overall debt and liabilities stood at rm1 09 trillion at the end of last year. Malaysia s national debt rose to rm1 09 trillion in 2018 from rm1 08 trillion in 2017 based on accrual accounting says mustapa mohamed chairman of the special select committee on. After all fiscal deficit in absolute terms was rm53 3 billion in 2018 up from rm40 3 billion in 2017.

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That takes the total debt to 1 087 trillion ringgit or 80 3 percent of gdp which lim said was a number malaysians are rightly concerned about and that the government will take action to.

Malaysia national debt 2018. According to the national government that ratio is 65 4. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. Malaysia s total debt and liabilities continued to exceed rm1 trillion as at end 2018 up about rm3 8 billion from end 2017. Malaysia s external debt stood at rm924 9bil or 64 7 of gross domestic product gdp as at end december 2018 said bank negara malaysia in its fourth quarter 2018 quarterly bulletin released on thursday.

This is not surprising to anyone who has been paying attention to the country s finances. Ministry of finance malaysia no. Malaysia recorded a government debt equivalent to 52 50 percent of the country s gross domestic product in 2019. Ministry of finance malaysia.

By nuradzimmah daim teoh pei ying july 17 2019 2 34am. According to the central bank of malaysia the country s national debt to gdp ratio is 50 8. Jalan dato onn 50480 kuala lumpur malaysia. The national debt increased in malaysia in 2018 malaysia public debt was 168 649 million euros 199 175 million dollars has increased 14 940 25 530 million since 2017.

5 persiaran perdana presint 2 federal government administrative centre 62592 wp putrajaya ministry of finance malaysia 2018 budget 9 789834 351281 isbn 978 983 43512 8 1 2018 budget cover ucapan bi 2017 18 indd 1 10 28 17 6 43 pm. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Government debt to gdp in malaysia averaged 48 71 percent from 1990 until 2019 reaching an all time high of 80 74 percent in 1990 and a record low of 31 80 percent in 1997. At end september 2018 the external debt stood at rm933 3 billion or 65 3 of gdp.

The country s media and some politicians and economists prefer the figure of 80 3. This amount means that the debt in 2018 reached 55 57 of malaysia gdp a 1 15 percentage point rise from 2017 when it was 54 42 of gdp. Malaysia s overall debt liabilities stood at rm1 09 trillion at end 2018.