PAC chairman Wong Kah Woh said the latest Auditor-General’s Report on the financial statements of the Federal Government revealed that federal debt in 2021 amounted to RM978.8bil - an increase of RM100bil from the previous year.
The PAC had been given a briefing of the report by Auditor-General Datuk Seri Nik Azman Nik Abdul Majid earlier. "A total of RM12.612bil is used for the purpose of covering PFI liability and guarantee commitment.
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