Malaysia can’t keep borrowing to service debt, says auditor-general | The Malaysian Insight

6/10/2022 11:31:00 AM

Malaysia can’t keep borrowing to service debt, says auditor-general

Nik Azman Nik Abdul Majid, Auditor-General’S Report

Malaysia can’t keep borrowing to service debt, says auditor-general

Putrajaya needs to find long-term solution to problem, advises Nik Azman Nik Abdul Majid .

Copy URLAuditor-General Nik Azman Nik Abdul Majid says Putrajaya's current move of constantly increasing the country's debt cannot continue. – The Malaysian Insight pic by Afif Abd Halim, August 24, 2020.BORROWING money to service debts can only be a short-term and temporary measure, said Nik Azman Nik Abdul Majid. 

The auditor-general said Putrajaya needs to find a long-term solution to the problem. 

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Guess, can't be help as National Coffer had been ripped by individual whom rakyat had given mandate to lead the country but in the end say to say he's the crook of the centuries. Even to date both husband and wife had not paid the fine imposed You are right Tax the rich lorr... You can't tax the poor anymore. Nobody had the money for government's excess. Tax your rich business friends, tycoons

Baru sedar? Maybe we should ask these useless rent seeking cronies to give back all the loots. That’s how the umnobn government governing the country. Like using the credit cards money to pay for the credit card debts….🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️ Just like living with borrowed money thru credit cards and getting new credit card to service borrowing from present credit cards and soon unable to service all cards then need to declare bankruptcy. Be a realistic leader and not just a politician.

Malaysia is sinking. Berhutang untuk bayar hutang! PackRagu Restitution by the people against the kleptocrats. Why wait? Make sure those who plunder pay every dime of it. Why are they still enjoying the luxurious lives whilst rakyat is made to repay the dent the created!? Any many question why the country has a huge talent/brain drain. I'm worried for the future of my kids n theirs😕

Living on borrow time.

Auditor-General’s Report 2021 tabled today | The Malaysian InsightDocument gets improvement with infographics, Nik Azman Nik Abdul Majid says.

Well, if people vote the sakau gang back, serves the country right for going deeper into debt. Awesome audit finding, iam touched !🤔so whats the MOF Minister explanation and action for this ?.Maybe he will say tunggu lah PRU 15 nanti baru tengoklah! Zafrul kn bebal soooo WanAbdRahman They can't go into business either. So what's the option? Cut cut cut! Conserve!

We been doing that for the past 25 years and will likely do so next 5 years at least. Issue is how do we raise revenue, cut opex? Tax revenue to GDP of less than 11% while GST itself is a regressive tax. We need structural reforms. Otherwise we are just going downhill

Ibu tunggal berhenti kerja urus anak alami masalah penglihatan terukBercakap kepada Utusan Malaysia, Norhayati Awang, 52, masalah penglihatan anak keduanya, Nik Fazli Zulkifli, 19, menjadi teruk selepas doktor mengesan ada jangkitan kulat dalam kepalanya sejak beberapa tahun lalu yang telah menganggu saraf mata.

Auditor-general: Malaysia can't keep borrowing money to service debt'Government should take corrective action to probe this debt issue.' Malaysia is rich w petroleum but always need to borrow money the last 60yrs ! What sort of lousy govt have Msians voted all these yrs ? why not? no leaders are that generous to save the country monies for the next to spend. they will exploit to the maximum during their term. that's their honourable task. we pity them from birth until their last day for being such a born loser. nothing more. The man has to say it. He sees everything dirty and hidden.

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× Copy URL Auditor-General Nik Azman Nik Abdul Majid says Putrajaya's current move of constantly increasing the country's debt cannot continue.× Copy URL Auditor-General Nik Azman Nik Abdul Majid says the Auditor-General’s Report 2021 contains several important matters, including the verification of the federal government’s financial statements for the year ending December 31, 2021, which shows an accurate and fair picture of the government’s financial position for the year in question.TUMPAT: Seorang ibu tunggal dari Kampung Pasir Pekan di sini terpaksa berhenti kerja sebagai pengasuh sejak lapan bulan lalu bagi menguruskan kehidupan anaknya yang disahkan menghidap masalah penglihatan kronik..

– The Malaysian Insight pic by Afif Abd Halim, August 24, 2020. BORROWING money to service debts can only be a short-term and temporary measure, said Nik Azman Nik Abdul Majid. THE Auditor-General’s Report on the financial statements of the federal and state governments, as well as state agencies for the year 2021, was tabled in the Dewan Rakyat today.  The auditor-general said Putrajaya needs to find a long-term solution to the problem. “Lebih memeritkan lagi, saya turut mengalami masalah paru-paru, kulit gatal dan telinga bernanah.  Effective July 2018, access to full reports will only be available with a subscription. “The infographics are expected to help readers obtain important information from the audit, which was conducted quickly and accurately. Sign-up now and enjoy one (1) week free access! .