Debt Management Office to oversee government's borrowings up and running | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Debt Management Office to oversee government's borrowings up and running

Finance Minister Lim Guan Eng says the DMO is designed to keep government debt and liabilities from spiralling out of control, and put a stop to reckless borrowing without valid reason. – The Malaysian Insight file pic, May 15, 2019.

THE Finance Ministry has set up the Debt Management Office to review and manage the government’s debt and liabilities. Minister Lim Guan Eng said the DMO is designed to keep government debt and liabilities from spiralling out of control, and put a stop to reckless borrowing without valid reason. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance minister: Debt Management Office formed to manage govt debt, liabilities | Malay MailKUALA LUMPUR, May 15 — The Debt Management Office (DMO) chaired by the finance minister has been established in order to strengthen the government’s fiscal position. In a press statement today, Finance Minister Lim Guan Eng made the announcement, saying that the office will oversee the issuance...
Source: malaymail - 🏆 1. / 86 Read more »

Recovered 1MDB funds to go to paying RM51 billion debt | The Malaysian InsightState investor owes RM40.2 billion in principal, as well as RM10.8 billion in interest, says Guan Eng.
Source: msianinsight - 🏆 8. / 63 Read more »

Police: Debt may be motive behind event planner’s murder in Ampang | Malay MailKUALA LUMPUR, May 13 — A dispute over debt could have led to the murder of an event planner at a Ukay Perdana apartment in Ampang, near here, yesterday, police said today. Ampang Jaya district police deputy chief Supt Mohd Zaid Hassan, when contacted, said a post-mortem conducted on the...
Source: malaymail - 🏆 1. / 86 Read more »

Event planner's murder possibly linked to dispute over debt, say police
Source: staronline - 🏆 4. / 75 Read more »

Global funds steer clear as reform euphoria fadesHopes for reform have given way to caution after a government drive to cut public debt weighed on consumption and growth.
Source: fmtoday - 🏆 5. / 72 Read more »

NonVitalTooth 'Another RM2 billion will be used to ease debts owed to Felda by settlers'. What, another con job by FeldaLKTP anak_twit to walk away from debts at Taxpayers expense?, like PTPTN? AzminAli pls issue legal letters to collect all debts. No free lunch please! NonVitalTooth NajibRazak tokmatn9 AnnuarMusa Ismail_Sabri60 HishammuddinH2O zahidhamidi_my Here is absolute proof of how UMNO Malays & Muslims allowed Felda Malays & Muslims to become poor thru incompetence, very bad management, cronyism, corruption, fraud etc-RM10.2B loss 2013-2017!!! PASPusat This is a well-deserved rally for you to organize
Source: NST_Online - 🏆 17. / 53 Read more »

The man speak the truth. Jasa Tun Mahathir orang tak tahu Zaman PM4 (1981-2003) 1. MAMINCO - bangkrap 2. MAKUWASA - bangkrap 3. PERWAJA - bangkrap 4. BMF - bangkrap 5. BNM - rugi RM31.5 billion 6. Forex - gagal 7. Bank... So, najib inherited an easier economy ke?🤦🏻‍♂️
Source: NST_Online - 🏆 17. / 53 Read more »

Finance Ministry: Returned 1MDB funds will be used to service debts | Malay MailKUALA LUMPUR, May 8 — The US$322 million (RM1.3 billion) received through the repatriation of 1MDB assets will be used to service the sovereign wealth fund’s total debts of RM51 billion. The Finance Ministry said the debt amount includes the interest borne and loans taken from the ministry of...
Source: malaymail - 🏆 1. / 86 Read more »