This article is 2 years old
Auditor-general: Malaysia can't keep borrowing money to service debt
Auditor-General Nik Azman Nik Abdul Majid has warned that borrowing money for principal repayment of matured loans can only be a short-term and temporary measure and that Malaysia needs to find a long-term solution to the problem.
"It is true that loans are always made to finance mainly development expenditure.
"Only now, in this year and last year when...
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